Recently, cryptocurrencies have been in turmoil. FTX, the world’s second largest virtual currency exchange, declared bankruptcy, implicating many virtual currency exchanges or companies into financial difficulties. Misfortunes never come singly. Tiantian Kullander, the co-founder of Amber Group (AG), a Hong Kong virtual asset management company with a total market value of US$3 billion (approximately HK$23.4 billion), was found to have died suddenly on the 23rd of this month. Only 30 years old.
According to Australia’s ABC News, AG, headquartered in Hong Kong, issued a statement confirming the death of Kurland, saying that he died in his sleep, describing Kurland as “a very good partner, a true friend, who has been involved in every stage of the company’s development.” He puts his heart and soul into his work at every stage.” AG emphasized that the group will continue to operate and will not suspend business due to Kurland’s death. According to AG’s introduction on LinkedIn, its headquarters is now located in Singapore.
The report pointed out that Kurland had worked for Goldman Sachs and Morgan Stanley, and co-founded AG with his colleagues in 2017. When FTX declared bankruptcy earlier, Kurland stated that less than 10% of AG’s assets are placed in FTX, and the group’s business remains in normal operation.