The co-founder and CEO of the crypto exchange FTX is threatened with investigations by the public prosecutor.
(Photo: Bloomberg/Getty Images)
new York It would be a desperate maneuver: According to US media reports, the founder of the failed cryptocurrency exchange FTX, Sam Bankman-Fried, still believes he can raise enough money to compensate his users.
The Wall Street Journal, citing insiders, reported Tuesday that Bankman-Fried spent the weekend with a few remaining employees calling potential investors.
These should therefore close the liquidity gap of up to eight billion dollars in order to compensate the up to one million FTX customers after all.
The chances of success are apparently slim: according to the reports, efforts to find new investors have so far been unsuccessful. It also remained unclear what the SBF-named founder could offer in return for another cash injection.
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“I screwed it up,” Bankman-Fried reportedly said in a conference call with investors. He would be “incredibly, unbelievably grateful” if new investors could help.
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