The high-frequency trading firm Folkvang deposited half of its equity into FTX before the collapse of FTX

ChainCatcher news, according to CoinDesk, Mike van Rossum, founder of the Singaporean crypto high-frequency trading firm Folkvang, stated that the company managed $400 million in assets in 2021, including equity and loans, and had deposited half of its equity on FTX before the collapse. Folkvang is an entity on the list of the top 50 creditors of FTX. However, Folkvang continues to operate. (Source link)