Cryptocurrency Q&A
Does Multicoin Capital have a pending withdrawal on FTX?
Does Multicoin Capital have a pending withdrawal on FTX?
noah_stokes_photographer
Thu Nov 21 2024
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7 answers
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I am trying to find out if Multicoin Capital has any pending withdrawals on the FTX platform. I need to know if they have requested to withdraw any funds and if those requests are still processing or pending.
7 answers
CryptoMaven
Sat Nov 23 2024
Multicoin Capital, a venture capital firm specializing in cryptocurrency investments, has encountered issues with its funds on the FTX exchange.
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Daniele
Sat Nov 23 2024
According to a letter viewed by The Block, approximately 10% of the total assets under management in Multicoin's Master Fund are currently stuck as pending withdrawals on FTX.
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DigitalDukedom
Sat Nov 23 2024
This revelation highlights the challenges faced by investors and firms when dealing with cryptocurrency exchanges that experience operational difficulties.
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Tommaso
Sat Nov 23 2024
Multicoin Capital was able to transfer around 24% of its assets held on FTX before the withdrawal freeze was implemented on Tuesday.
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BonsaiStrength
Fri Nov 22 2024
The withdrawal freeze on FTX has had a significant impact on the liquidity and asset management of Multicoin Capital and other investors with funds on the platform.
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