Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
After FTX imploded, and as fear among market participants mounted about a full-blown insolvency crisis in crypto, lenders raced to recall outstanding loans to mitigate potential losses. With a significant chunk of funds locked up on FTX, Auros faced a sudden liquidity crunch to repay all of its desperate creditors.
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