Virtu Had No Losses From FTX Collapse, CEO Says: Goldman Update

Virtu Financial Chief Executive Officer Douglas Cifu said the market-making firm saw no losses stemming from the unraveling of Sam Bankman-Fried’s FTX crypto exchange.

While the crypto meltdown posed some operational challenges, New York-based Virtu saw no change in its retail flows as a result of the FTX contagion, Cifu said Wednesday at the second day of an investor conference hosted by Goldman Sachs Group Inc. He noted that the list of FTX creditors would ultimately emerge.