Letter from SMART VALOR's co-founder Olga Feldmeier on recent events at FTX exchange and SMART VALOR's ten points of soundness.
11 Nov 2022, 10:15
Letter from SMART VALOR’s co-founder Olga Feldmeier on recent events at FTX exchange and SMART VALOR’s ten points of soundness.
"During the current week FTX exchange experienced a severe liquidity crunch and stopped fiat withdrawals. Binance, the world largest crypto exchange, initially entered into discussions to acquire FTX but subsequently withdrew.
In times like this, it is particularly important to make a public statement to reassure our customers and investors that their funds/investments in Smart Valor and Smart Valor itself had zero exposure and no connection to FTX Exchange.
Being in the crypto investment space for the last ten years, I hardly remember distress of such magnitude.
Smart Valor drives a conservative product approach, providing a limited amount of services and complies with all respective regulatory requirements. .
Because we want to offer customers peace of mind and remind them that not all players are bad actors in the industry.
On weeks like this it feels like all the hard work we are putting in building trust is the most important mission and an achievement that should not be taken for granted."
Read the full letter from Olga here:
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11 Nov 2022, 15:03
Looking for an up-to-date summary of what's happening in the crypto markets and the #FTX saga recently?
It's been a whirlwind but @olgafeldmeier has you covered:
Looking for an up-to-date summary of what's happening in the crypto markets and the #FTX saga recently.
Looking for an up-to-date summary of what's happening in the crypto markets and the #FTX saga recently?
It's been a whirlwind but @olgafeldmeier has you covered: https://t.co/pMF7uQ9qmh
11 Nov 2022, 14:58
RT @OlgaFeldmeier: In times like this, it's important to make a public statement to reassure our customers and investors that their investm…
RT @OlgaFeldmeier: In times like this, it's important to make a public statement to reassure our customers and investors that th
RT @OlgaFeldmeier: In times like this, it's important to make a public statement to reassure our customers and investors that their investm…