Morgan Creek Capital Management
FTX’s $250 million credit line could practically wipe out BlockFi’s investors, shareholders and management, Morgan Creek’s Mark Yusko said
The seven-year-old crypto exchange was founded by twin brothers and early Bitcoin investors, Cameron and Tyler Winklevoss.
It’s important for institutions to “get off zero” and have more than zero percent exposure to digital assets as money and talent flood into crypto, Yusko said.
Founders of Morgan Creek Capital Management, 10T criticize hedge fund manager Ray Dalio’s remarks on crypto