Weekly Roundup 06/23/23 (FTX and K5 clawbacks, Prime Trust chaos, ETF frenzy) (EP.433)
On The Brink with Castle Island
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The K5 Fund One Lp's Investing in Space Axe
There's a very fair case for this money to be clawed back there wasn't a clear investment being made it wasn't done with the proper diligence. The k5 fund one lp has invested 252 million dollars into eight companies which included space axe in the boring company of elan musk. Now that the ipo window is reopening so there may actually be the liquidity to effectuate this secondary sale maybe they'll make some money my question is just who's due?
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