FTX Ventures head Amy Wu has resigned

ChaiCatcher news, The Information reports that FTX Ventures head Amy Wu has resigned. Amy Wu joined the company in January this year to launch a fund expected to be worth $2 billion. Amy Wu said last week at the Lisbon Breakpoint conference that during the last cryptocurrency bull market, venture capital deals were rushed and conducted without proper due diligence.

According to data from The Block Research, FTX Ventures and its sister company Alameda Research have invested in over 250 cryptocurrency industry startups. (source link)