Financial Times: SBF had invested tens of millions of dollars in multiple crypto funds, which subsequently invested in FTX

ChainCatcher news, according to the Financial Times, SBF had invested tens of millions of dollars in multiple crypto venture capital funds, court documents revealed that these crypto venture capital funds subsequently invested in FTX, specifically including Paradigm One, UVM, and Signum Capital.

It is reported that in November 2021, Alameda invested $20 million in the newly launched Paradigm One fund, and later increased its stake by $5 million. According to the U.S. bankruptcy court, the Paradigm One fund subsequently invested in FTX and FTX US. After FTX filed for bankruptcy protection, Paradigm has written down its investment in FTX to zero. (source link)