Amy Wu, Head of FTX Ventures, Resigns

Amy Wu, FTX investor and FTX Ventures, head of the company’s venture capital business. has resigned, according to The Information on Nov. 11.

Wu gotresignHead of FTX Ventures After FTX’s announcement of bankruptcy proceedings in the United States, according to her LinkedIn profile, Wu hassedentaryAt FTX Venture’s Bahamas office since January

The websites of FTX Ventures and Alameda Research crashed Nov. 9 amid the parent company’s liquidity crisis, by Wu. sayOn Twitter at the time she was learning about activities that affected the company at the same time as everyone else and she would update her LinkedIn profile for new job opportunities.

Wu’s resignation follows news that 134 companies associated with the FTX Group, including FTX Trading, FTX US and Alameda Research, will file for Chapter 11 bankruptcy in the Delaware County by Sam Bankman-Fried. has resigned as CEO in the same announcement andsaid “This doesn’t necessarily mean the end of the company.”

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