Hedge Fund Lands Into a $22 Million Legal Battle Over FTX Exposure

Geneva-based Tyr Capital Partners faces a $22 million quandary tied to the collapse of the crypto exchange FTX. Legal action in the Cayman Islands, spearheaded by the investor group TGT, accuses Tyr Capital of overlooking critical risk management measures and investor cautions regarding its FTX engagement. This alleged oversight by the crypto hedge fund has led to substantial financial... source: https://beincrypto.com/crypto-hedge-fund-faces-million-lawsuit/