Virtu blasts Michael Lewis book, saying it didn't lose $10 million with FTX

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'Going Infinite' claims Virtu Financial lost $10 million with FTX. A spokesperson for the trading firm says the information is false.

Virtu Financial took exception to at least one mention of the trading firm in Michael Lewis' highly-anticipated book about the rise and fall of former FTX CEO Sam Bankman-Fried.\r\nIn contrast to what Lewis wrote in his book, "Going Infinite," a Virtu spokesperson said the company firmwide never lost any money with FTX. "We have no idea where Lewis got his $10 million figure, but it raises questions about his level of diligence,” the spokesperson told The Block.

\r\nMounting criticism\r\nSince the book's arrival and Lewis' appearance on long-time news show "60 Minutes," the author has again been the subject of criticism, especially for his comments about FTX's performance as a company. The collapsed crypto exchange began bankruptcy proceedings late last year after millions of customers lost their money.

 

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