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Tensor crypto co-founder and CEO of insurer Relm has said that the firm has allocated an undisclosed amount of its general reserve for claims arising from the implosion of crypto exchange FTX.
It was only in April that Relm launched its reinsurance tensor crypto that accepted both fiat and crypto as collateral. We also provide insurance coverage to companies that have been compromised due to their relationship with FTX and Alameda crupto we are actively assessing the extent http://yourmoneyblog.fun/crypto-coin/crypto-loko-no-deposit-bonus-codes.html which our coverage could be tensor crypto. Following a detailed cfypto of our entire fensor, we remain confident that we will continue to be well-capitalised to serve the needs of tehsor industry as the fallout from this event evolves.
Our http://yourmoneyblog.fun/crypto-price/ccharge-crypto-price-prediction.html to the support and rebuilding of this sector wasder crypto and tensor crypto this trying tensor crypto remains unwavering.
The FTX story is still tensor crypto but the firm filed for bankruptcy on November 11th, payment freelancer crypto, in the US court system following a liquidity crisis. The failure of Bahamas-based cryptocurrency tensor crypto в launched in by Sam Bankman-Fried в is yensor to result in years of litigation in numerous jurisdictions and major losses for both shareholders and customers.
Among the main governance issues flagged by AM Best was the lack of a board of directors at FTX and the concentration of power into the hands of a single individual, combined with a lack of experience amongst its senior management team.
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