Despite the collapse of FTX, Matrixport is not in danger of bankruptcy
According to a spokesperson for Matrixport, which earns fixed income in bitcoins, bankruptcy has been avoided despite the complications of the FTX collapse.
Late last week, Matrixport customers received letters indicating that products that were affected by the crypto exchange situation included:
- smart trend
- products that involve fixed income in bitcoins
- Victoria BTC Fund products
In the latter case, 79 users suffered losses, but those who invested in other areas were not affected.
The company contacted each of the 79 clients and discussed the situation with them, as well as the measures to be taken to resolve it. Ross Gan, head of PR, said:
There are no insolvency risks due to the collapse of FTX. Matrixport is operating as usual.