Find Here Why Jump Crypto Will Continue its Belief in Crypto

Find Here Why Jump Crypto Will Continue its Belief in Crypto

Recently, Jump Crypto shared a tweet in which it shared that its exposure to FTX  was managed in accordance with its risk framework and that why it is now well capitalized.

1/ We, like all of you, were shocked by the events that unfolded over the past week. Jump’s exposure to FTX was managed in accordance with our risk framework and we remain well capitalized.
— jump_crypto (@jump_) November 12, 2022

After hearing the shocking news of FTX collapse, Jump Crypto stated that the current massive downtown in the crypto space does not loosen its faith in this space but it will continue its belief in the crypto world and will continue its working. While building the futures of others alongside.
As the price of cryptocurrencies are sliding, it increases the chance that the customers of Sam Bankman-Fried’s FTX may recover much of their deposits. As FTX Trading International held just $900 Million in liquid assets on November 10, 2022, –before filing for Chapter 11 bankruptcy — again

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