“The way crypto market makers and traders are front-running the FTX supply shows a complete misunderstanding of how a syndicated sale process works,” said Dorman. “This isn’t an every-man-for-himself VC unlock. This is a court-ordered process that Galaxy will sell very slowly and opportunistically,” he added.
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- Source: https://www.coindesk.com/markets/2023/09/12/fear-of-ftx-spurred-crypto-crash-is-overblown-analysts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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