FalconX Discloses Assets Locked on FTX

When he was asked a third time, he said FalconX was “well operating within our risk tolerance,” which was the reason the firm “walked out of this with a small position relative to our balance sheet.”

In addition to that, in Friday’s blog post, FalconX restated what it has said before about having no exposure to Genesis, Alameda Research and BlockFi.

It is important to note that it's been more than a month that the market has been suffering from the FTX crash. Earlier this week, the SEC published new guidelines urging companies to provide more details on their cryptocurrency holdings. 

The guidelines, which include a sample letter on the regulator’s website, say that firms should disclose third-party crypto market participants, risks to the company’s liquidity, access to financing, and potential impact of any “legal proceedings, investigations, or regulatory” matters.