FTX Negotiates with Kraken for a Potential Deal -Axios

Struggling with the liquidity crisis, FTX allegedly met with Kraken after the Binance deal was cancelled.

of axios 10 November According to the news dated , two sources close to the subject said that FTX’s US-based cryptocurrency exchange with Kraken potential a bailout deal He claimed to have talked about it.

Sources for details of the conversation uncertain, may persist or deteriorate. stated. It was also among the information that FTX and Kraken refused to comment on the subject.

FTX CEO Sam Bankman-Fried said on the day that the market value of the company’s assets is greater than that of its customers. more He claimed that the liquidity crisis had nothing to do with the company’s assets.

On the other hand, Justin Sun recently talked about what can be done to save FTX. continue their work had stated.

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