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1 year ago

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Sequoia Capital marks its FTX investment down to zero dollars

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Sequoia Capital marks its FTX investment down to zero dollars

Sequoia Capital has marked down to zero the value of its stake in the cryptocurrency exchange FTX; it did so after FTX CEO Sam Bankman-Fried asked investors for more money.

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Sequoia Capital marks its FTX investment down to zero dollars

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Sequoia Capital marks its FTX investment down to zero dollars

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