Paradigm co-founder: Sorry for investing in SBF and FTX

ChainCatcher news, Paradigm co-founder Matt Huang stated, "We regret investing in a founder and company that ultimately did not align with the values of cryptocurrency, as they have caused significant damage to the crypto ecosystem. We have never traded on FTX and do not hold any assets on that exchange. We have never invested in related tokens such as FTT, SRM, MAPS, or OXY."

It is reported that Paradigm's investment in FTX was approximately $278 million, and after the liquidity collapse of FTX, Paradigm has informed its limited partners that its investments in FTX-related companies (including FTX and FTX US) have been written down to zero. (source link)