FTX victim raises $450k for liquid token startup
FTX victim, who lost over 90% of his net worth following the collapse, successfully raised $450,000 from his recently launched trading fund. Belgian resident Kasper Vendeloock recently launched Musca Capital, a new fund that trades liquid token s. The venture is supported by Hashmask NFT project founders and two other investors. With the funds raised, Vandeloock aims to rebuild his trading systems and implement automated strategies. He will begin by trading liquid tokens on centralized exchanges. Vandeloock strives to recover from a substantial financial setback resulting from the collapse of the disgraced Sam Bankman-Fried’s (SBF) FTX exchange, which led to significant losses in his net worth. He kept most of his funds on FTX, an exchange he trusted due to personal connections with SBF. You might also like: Former FTX CEO wants to exempt friends from security checks In November 2022, the exchange went bankrupt following SBF and his team’s lack of proper capital co...