Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors

[Google News Bot]

On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up to $9.4 Billion in Funding While FTX CEO Sam Bankman-Fried (SBF) updated the crypto community and said that he and his team would be seeking funds from investors, two reports say SBF is seeking up to $9.4 billion in financing. A Wall Street Journal (WSJ) report says “people familiar with the matter, ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.