Here's the Tweet by Ikigai's Travis Kling which kicked off the Twitter thread where he announced this development:
Unfortunately, I have some pretty bad news to share. Last week Ikigai was caught up in the FTX collapse. We had a large majority of the hedge fund’s total assets on FTX. By the time we went to withdraw Monday mrng, we got very little out. We’re now stuck alongside everyone else.
The amount of shitcoin projects that kept their treasuries with FTX is alarming as well
Sad, I learned a few things from Travis
exchanges have never advertised themselves as custodians. why would anyone do this
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Here's the Tweet by Ikigai's Travis Kling which kicked off the Twitter thread where he announced this development:
https://twitter.com/Travis_Kling/status/1592198107734876160 [Nitter]