Paradigm: Investment in FTX-related companies reduced from $290 million to zero

ChainCatcher news, according to two informed sources, the crypto investment firm Paradigm has informed its limited partners that following the liquidity collapse of FTX, its investments in FTX-related companies (including FTX and FTX US) have been marked down to zero.

Paradigm also stated that it had invested $290 million in companies associated with FTX. Despite this investment, it is not a client of FTX and has no exposure to the company's crypto assets. (source link)