Galois Capital shuts down operations after losing funds in crypto exchange FTX

Hedge fund Galois Capital, one of the victims of the FTX collapse, has officially given up after half of its assets were trapped in the bankrupt crypto exchange. The fund has finally decided to close and return its remaining assets to investors. The reasons behind Galois Capital’s closure after the collapse of the FTX crypto exchange On 12 November 2022, the hedge fund admitted in an announcement from its official Twitter account that it had significant exposure to crypto exchange FTX. For the record, yes we did have significant funds stuck on FTX. No, we did not use any Bahamian