According to the "Financial Times", the hedge fund Galois Capital decided to stop all transactions, close all positions, and return to customers 90% of the funds that were not trapped on FTX after closing the fund, and the remaining 10% will be temporarily put on hold until it is in contact with management. determined after discussions with the auditors. Its co-founder Kevin Zhou said, "Given the seriousness of the FTX situation, we believe it is financially and culturally untenable to continue operating the fund." He said he would prefer to sell the fund's claims on FTX rather than through lengthy legal process. Since Galois sent his letter, it has sold its claims for about 16 cents. Foresight News previously reported that on November 12, 2022, according to the Financial Times, Kevin Zhou, co-founder of hedge fund Galois Capital, stated in a letter to investors that nearly half of the company’s assets were trapped on the FTX platform and could not be raised. , Galois Capital manages over $200 million in assets.