Crypto market maker Wintermute has funds stuck on embattled crypto exchange FTX, the firm said.
Crypto market maker Wintermute said it has funds stuck on embattled crypto exchange FTX, but that they are within its"risk tolerances" and won't impact its overall finances.
Wintermute said in a tweet thread that while its exposure is limited thanks to its risk controls and efforts to remove funds pre-collapse, some money remains. It didn't say how much. "We do have remaining funds on FTX, and while this is not ideal, the amount is within our risk tolerances and does not have a significant impact on our overall financial position," the firm said.
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