How Much Funding is Required for the Salvation of FTX: If Not Found, Bankruptcy Is Inevitable

FTX CEO Sam Bankman-Fried (SBF) met with investors of the stock market. Bankman-Fried said the company needs about $8 billion to avoid going to bankruptcy court.

Bloomberg November 9 dated report, a source close to the subject from SBF’s investors. $8 billion cash injection otherwise you want have to go to bankruptcy courtHe said he told them they could stay.

According to the information provided, SBF informed investors about 1 hour before Binance announced its decision to abandon its purchase. debt, equity, or a combination of the two He said he was trying to secure a bailout in the form of a bailout.

The stock market is currently on its website on November 9th. Unable to process withdrawals by expressing investors do not invest He recommended.

Also speaking to the Wall Street Journal is the CEO’s personal wealth, Integrating customers and investors stated that he would use it for

CEO of Coinbase Brian Armstrong November 9 If the deal with Binance fails, FTX customers are likely to will hurt told.

How Much Funds Are Required for the Salvation of FTX: If Not Found, Bankruptcy Is Inevitable, the article was prepared by Hasan Küçük and published on koinbulteni.com.

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