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Cryptocurrency market maker Wintermute: No Genesis exposure

BlockBeats News: On November 17, cryptocurrency market maker Wintermute said on its social platform that Wintermute does not have any outstanding loans or collateral with Genesis and is not currently trading off-market with Genesis, So no Genesis exposure.
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With Alameda gone, liquidity in crypto markets has plummeted, making it difficult to make markets. Wintermute, also one of the leading market makers, is not alone in its thoughts on FTX and the 3AC Revelations.
"Genesis may have lost more money than Genesis has earned since its inception"
The claim by project teams that "we don't know how it works" is often not credible. In most cases, they do know in such situations.
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