Alaska Permanent Fund exposure to FTX crypto meltdown was minor, but not so much for Tom Brady, Shaquille O'Neal, and other stars - Must Read Alaska

Alaska Permanent Fund exposure to FTX crypto meltdown was minor, but not so much for Tom Brady, Shaquille O’Neal, and other stars

FTX, a cryptocurrency exchange scam that was run by Sam Bankman-Fried, sucked in thousands of investors into its sub-funds. The Alaska Permanent Fund was one of them, investing in Sequoia Capital’s Global Growth Fund III, which invested a sliver of funds into FTX. The APFC investment of $200 million, however, doesn’t represent the actual exposure … Continue reading Alaska Permanent Fund exposure to FTX crypto meltdown was minor, but not so much for Tom Brady, Shaquille O’Neal, and other stars