Mechanism Capital Trying to Recover FTX Assets - Coinleaks
Current Date:November 7, 2024

Mechanism Capital Trying to Recover FTX Assets

investment asset management company Mechanism Capital, FTXAfter its collapse, it took legal action to save its assets.

Cryptocurrency exchange FTX With the collapse of , companies continue their attempts to recover and protect their assets. After the crashing events, corporate companies are trying to save their investments. investment asset management companies, FTX They are trying to get away from their investments against . Earlier in the day, rumors circulated that SoftBank had lost millions of dollars. Finally Mechanism Capitalstarted a legal fight to save their assets.

Mechanism Capital Starts Legal Process

Powerful company with hundreds of millions of dollars in assets Mechanism Capital, FTXHe started the legal process after the events.

nansen, 1inch The company, which also invests in strong projects such as Arbitrum, is trying to save its assets on the FTX side. The company did not disclose how much of its presence on the collapsing cryptocurrency exchange. However, the founder of the investment company made striking statements.

Mechanism Capitalco-founder Andrew Kang stated that the amount of assets is insignificant and that the company has started legal processes. In addition, Kang stated that they took a hit like the rest of the market and despite this, they continued their trade.