Kolanovic took another step in backing off the bullish stocks call that he had maintained throughout much of the market’s rout this year.
The famed Ark Investment money manager usually focuses on disruptive, young technology companies.
Venture capitalist Kevin O’Leary said he was looking to throw FTX a lifeline hours before the crypto exchange filed for bankruptcy.
The bank is under investigation and the outcome could hurt more than just its pocket.