Wintermute’s CEO is denying reports suggesting the company is facing a crisis, following comparisons to the failures of FTX and Terra.

Wintermute Addresses Collapse Rumors

Evgeny Gaevoy, CEO of Wintermute, has denied rumors of a company collapse following the Oct. 10 crypto crash.

Impact of the Market Crash

The recent market crash on Oct. 10 resulted in a significant loss of $19 billion in leveraged positions.

CEO's Public Statement

Gaevoy, also a co-founder of Wintermute, publicly refuted claims that the market crash had “collapsed” the company, which is a major market maker.