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This Investment Manager Cut Loss After Suffering Losses of Rp1.5 Trillion**
Stream Finance, a crypto investment manager, announced that it has suffered losses amounting to US$93 million in Stream fund assets. As a result, the company has initiated the withdrawal of all its liquid assets, which will be completed soon.
"The external fund manager overseeing the Stream fund announced a loss of approximately $93 million in Stream fund assets. In response, Stream is in the process of engaging Keith Miller and Joseph Cutler from the law firm Perkins Coie LLP to lead a comprehensive investigation into the incident," it stated in its official report.
However, the cause of what happened is still unknown, leading the company to take action to withdraw all its liquid assets. Nevertheless, this corporation will continue to report all information to maintain transparency to stakeholders.
Furthermore, individuals with interests in Stream cannot make all withdrawals and deposits or are temporarily suspended.
This Investment Manager Cut Loss After Suffering Losses of Rp1.5 Trillion**
Stream Finance, a crypto investment manager, announced that it has suffered losses amounting to US$93 million in Stream fund assets. As a result, the company has initiated the withdrawal of all its liquid assets, which will be completed soon.
"The external fund manager overseeing the Stream fund announced a loss of approximately $93 million in Stream fund assets. In response, Stream is in the process of engaging Keith Miller and Joseph Cutler from the law firm Perkins Coie LLP to lead a comprehensive investigation into the incident," it stated in its official report.
However, the cause of what happened is still unknown, leading the company to take action to withdraw all its liquid assets. Nevertheless, this corporation will continue to report all information to maintain transparency to stakeholders.
Furthermore, individuals with interests in Stream cannot make all withdrawals and deposits or are temporarily suspended.