FTX scrambles for rescue funds
FTX is scrambling to raise about $9.4bn from investors and rivals, Reuters has reported citing an unnamed source, as its CEO urgently seeks to save the cryptocurrency exchange after a rescue deal by larger rival Binance collapsed. Over the past few hours, chief executive Sam Bankman-Fried has discussed raising $1bn each from Justin Sun, the founder of cr…
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2 years ago · Sofía Ponzanelli
