'Need to Update My LinkedIn' - FTX Ventures Chief Steps Down: Report

Amy Wu's resignation follows announcement that 134 companies associated with the FTX Group will file for Chapter 11 bankruptcy in the States United States.

Amy Wu, an investor in FTX and head of the firm's venture capital arm, FTX Ventures, has reportedly resigned from her position.

According to a Nov. 11 report by The Information, Wu resigned from the management of FTX Ventures after it was announced that FTX would pursue bankruptcy proceedings in the United States. According to her LinkedIn profile, Wu had been based at FTX Venture's offices in the Bahamas since January.

FTX Ventures' website along with Alameda Research's website went dark on Nov. 9 amid its parent company's liquidity crunch and in the face of Binance's collapse. Wu said on Twitter at the time that she learned about events affecting the company at the same time as everyone else via social media, and suggested she would update her LinkedIn profile for new opportunities. employment.

Truth. Need to update my LinkedIn

Wu's resignation follows the announcement that 134 companies associated with the FTX Group, including FTX Trading, FTX US and Alameda Research, would file for Chapter 11 bankruptcy in the District of Delaware. Sam Bankman-Fried stepped down as CEO in the same announcement, but