FTX US employees attempt to sell assets in CEO’s absence: Bloomberg

2022/11/11 00:33

Employees working for the U.S. arm of FTX's cryptocurrency exchange business are trying to sell company assets, in some cases without CEO Sam Bankman-Fried's “participation,” according to Bloomberg News, which cited two people familiar with the matter. Pitched assets including stock-clearing platform Embed and the naming rights to an arena in Miami, the report said. While FTX has descended into chaos in recent days after a failed takeover by rival Binance, the CEO has stressed that the American branch of FTX is separate from the global brand and in good financial health.

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