Amy Wu, an investor at the corporate venturing arm of cryptocurrency exchange FTX, has left the company after the parent filed for bankruptcy on 11 November.
Her departure was reported by cryptocurrency news service Herald Sheets, although her LinkedIn profile says she still works at the firm.
Wu joined FTX Ventures, based in the Bahamas, in January this year, the same month that the corporate venturing unit was set up. She was an investor in gaming and M&A at the new unit, according to her LinkedIn.
Before joining FTX Ventures, Wu led crypto and gaming investing at Lightspeed, a US investment firm.
FTX Ventures was set up with $2bn in capital and has more than 40 companies in its portfolio.
The unit invested about $350m this year, in deals including a $350m round for Near Protocol and a $300m series B round for Mysten Labs. Other investments include Aptos Labs, a blockchain developer, and Doodles, a developer of non-fungible tokens.
It is unclear what will happen to the portfolio companies during the bankruptcy process. FTX filed for bankruptcy on Friday after CEO Sam Bankman-Fried failed to find $8bn in financing required to cover a mass of withdrawal requests of FTT, the exchange’s tradeable crypto token, last week.
The $32bn exchange collapsed, alongside crypto trading firm Alameda Research, a company founded by Bankman-Fried, as well as 130 affiliates.
