Paradigm co-founder feels 'deep regret' for investing in SBF and FTX



Some have questioned whether the multibillion-dollar private equity firm did enough due diligence on FTX before the investment.

Paradigm co-founder feels 'deep regret' making an investment in SBF and FTX< /div> News

The co-founder of asset monitoring firm Paradigm says he feels "deep regret" about investing in FTX amid the latest revelations involving FTX, Alameda Research and Sam Bankman-Fried.

In a November 15 Twitter post, Paradigm co-founder and business partner Matt Huang said the organization was "stunned" by the revelations surrounding the two companies and their founder, adding:

“We feel deep remorse for investing in a founder and company that ultimately no longer aligned with crypto values ​​and caused substantial damage to the atmosphere.”

p>
Matt Huang, Director Paradigm Partner and Co-Founder Source: Paradigm

Paradigm is a crypto and Web3-focused mission capital firm, primarily based in San Francisco. In April, reports indicated that firm assets were under management   Crypto   Nov 16, 2022   0   29  Add to Reading List

Paradigm co-founder feels 'deep regret' for investing in SBF and FTX


Some have questioned whether the multibillion-dollar private equity firm did enough due diligence on FTX before the investment.

Paradigm co-founder feels 'deep regret' making an investment in SBF and FTX< /div> News

The co-founder of asset monitoring firm Paradigm says he feels "deep regret" about investing in FTX amid the latest revelations involving FTX, Alameda Research and Sam Bankman-Fried.

In a November 15 Twitter post, Paradigm co-founder and business partner Matt Huang said the organization was "stunned" by the revelations surrounding the two companies and their founder, adding:

“We feel deep remorse for investing in a founder and company that ultimately no longer aligned with crypto values ​​and caused substantial damage to the atmosphere.”

p>
Matt Huang, Director Paradigm Partner and Co-Founder Source: Paradigm

Paradigm is a crypto and Web3-focused mission capital firm, primarily based in San Francisco. In April, reports indicated that firm assets were under management

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