PANews reported on October 16 that Arthur Hayes, co-founder of BitMEX, said in his latest article that due to geopolitical risks, he was prepared for a significant reduction in the value of his positions. When the situation in Iran and Israel escalated, he had significantly reduced his previously purchased Meme coins. The only Meme coin currently held is SCF. Arthur also said that there has been no instruction yet to Maelstrom's investment director Akshat to slow down or stop deploying funds to pre-sale token transactions. For the idle fiat currency held by Maelstrom, it will be pledged on Ethena to earn lucrative interest income while waiting for the opportunity to buy various cryptocurrencies with poor liquidity.