This photo illustration shows the logo of cryptocurrency FTX, reflected in an image of former chief executive Samuel Bankman-Fried, in Washington on November 13, 2022. Photo: AFP
This photo illustration shows the logo of cryptocurrency FTX, reflected in an image of former chief executive Samuel Bankman-Fried, in Washington on November 13, 2022. Photo: AFP

Hong Kong exposure to FTX is ‘immaterial’, securities regulator says, as crypto firm’s collapse raises scrutiny

  • The Securities and Futures Commission checked with fund managers and determined their exposure risk to the company and its FTT cryptocurrency is limited
  • FTX, founded in Hong Kong, is facing investigations in multiple markets following its rapid decline and bankruptcy last week

This photo illustration shows the logo of cryptocurrency FTX, reflected in an image of former chief executive Samuel Bankman-Fried, in Washington on November 13, 2022. Photo: AFP
This photo illustration shows the logo of cryptocurrency FTX, reflected in an image of former chief executive Samuel Bankman-Fried, in Washington on November 13, 2022. Photo: AFP
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