.novogratz told CNBC that he does not believe GalaxyDigital would be able to recover the $77 million tied to FTX_Official. By parikshitm899
Michael Novogratz, the CEO of crypto-focused financial-services firm Galaxy Digital , told CNBC that he does not think they will be able to recover the $77 million exposure linked to troubled crypto exchange
FTX.Galaxy Digital also reported a third-quarter net loss of $68.1 million, compared with a $517.9 million profit in the same period last year, and said Damien Vanderwilt will step down as co-president in January.
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