Ikigai Fund Caught Up in FTX Contagion

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Travis Kling, the founder and chief investment officer of Ikigai, revealed that the cryptocurrency asset management firm has been caught up in the FTX collapse. A large majority of the hedge fund’s assets had been on FTX, according to Kling. After the news of the centralized exchanges’ collapse, the company went to withdraw money, only to find it could retrieve very little. “It was entirely my fault and not anyone else’s. I lost my investors’ money after they put faith in me to manage risk and I am truly sorry for that. I have publicly endorsed FTX many times and

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kryptonew

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