# FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’

# FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’

” FalconX says exposure to FTX represented 18% of its ‘unencumbered cash equivalents’ “ Cryptocurrency trading company FalconX has disclosed that it suffered losses in the collapse of FTX.  According to the company, its assets locked on FTX represent only 18% of its “unencumbered cash equivalents.” However, the company added that this ratio fell well…

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