Crypto Investor Galois to Shut Flagship Fund After FTX Collapse
- Zhou was known for shorting Luna coin before its collapse
- Firm already sold its FTX claim ‘for cents on the dollar’
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Galois Capital, a crypto investment firm known for betting against the Luna token before its implosion last year, is closing its flagship fund after it was hit by the collapse of cryptocurrency exchange FTX.
The fund had lost almost half its assets in “the FTX disaster and then sold the claim for cents on the dollar,” Galois co-founder Kevin Zhou said in a series of tweets on Monday.