Major institutions face class action lawsuits over their roles in enabling and promoting FTX.
Sequoia Capital gave up its $213.5 million investment in FTX and FTX.US, saying the investment was a loss.
With Tesla's CEO, Elon Musk, now set to carry on with his proposed deal to purchase Twitter.
Sequoia Capital will primarily invest in liquid tokens – cryptocurrency tokens traded on third-party exchanges.Â
The hottest crypto news, straight to your inbox!
Get a daily dose of crypto stories in a quick read with a tongue-in-cheek twist! Suitable for everyone, from crypto newbs to battle-tested veterans.
You can easily unsubscribe at any time. Spoiler Alert: You won’t want to!