Jump Trading loses $206 million in FTX collapse: Michael Lewis’ book!

The post Jump Trading loses $206 million in FTX collapse: Michael Lewis’ book! appeared first on Coinpedia Fintech News

Jump Trading, a Chicago-based quantitative trading firm, lost $206 million in the collapse of crypto derivatives exchange FTX, according to Michael Lewis’ book Going Infinite, which references private documents uncovered by ex-FTX COO Constance Wang. Nearly half of the $8.7 billion owed to over 10 million FTX account holders was concentrated in the 50 biggest …