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International Business Times
International Business Times
Business
Marvie Basilan

FTX-Linked Crypto Hedge Fund LedgerPrime Reboots As MNNC Group: Report

FTX Crypto Alameda Research
LedgerPrime was acquired by FTX in 2021 and was forced to wind down after the collapsed cryptocurrency exchange filed for bankruptcy in November 2022. (Credit: Reuters)

KEY POINTS

  • LedgerPrime is now MNNC Group and some of its team members are former staff of the FTX-acquired fund
  • MNNC Group's investors include some who previously invested in LedgerPrime
  • The team includes former LedgerPrime chief investment officer Shiliang Tang

Crypto hedge fund LedgerPrime, which was forced by court to wind down amid the bankruptcy of collapsed cryptocurrency exchange FTX, has bounced back under a new name: MNNC Group, a new report revealed.

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