FTX CEO Sam Bankman-Fried told CNBC that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms affected by crypto’s recent market crash.that FTX and FTX US are in talks to raise fresh funds, following a spending spree that saw the firm deploy nearly $1 billion over two weeks in June.
In an interview with CNBC today, FTX CEO Sam Bankman-Fried said that he would be willing to spend “hundreds of millions beyond what we have thus far and in some cases more than that” to backstop firms affected by crypto’s recent market crash.that FTX and FTX US are in talks to raise fresh funds, following a spending spree that saw the firm deploy nearly $1 billion over two weeks in June.
Trust me the crypto industry doesn’t need FTX. If anything it would benefit without. Have these companies die
I'm curious where does Sam money come from ? Who know ?
Vauld only needs $400 million to make creditors whole.
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Source: CoinDesk - 🏆 291. / 63 Read more »