🔥Odaily Planet Daily News, Paradigm co-founder Matt Huang recently testified in court in the SBF case, detailing the process of Paradigm investing a total of approximately US$278 million in FTX twice. 🚀

Matt Huang said that FTX’s rapid early market share growth makes him full of expectations, but he is worried about FTX’s lack of formal governance structure or even board of directors. 😨At the same time, SBF once stated to it that Alameda Research does not have preferential treatment in FTX. 🤔

It is worth mentioning that Matt Huang also mentioned that Paradigm’s investment in FTX has been accrued to zero. 💰While we are neutral on the market, we are still confident in Bitcoin! 💪