FTX's Bankman-Fried seeks more than $9 billion for exchange rescue: Reuters

11/10 18:55

according to Reuters,Beleaguered crypto exchange FTX is seeking to raise more than $9 billion to plug a financial shortfall.CEO Sam Bankman-Fried is looking to draw funds from numerous sources, including Tron founder Justin Sun and stablecoin issuer Tether, Reuters said, citing sources familiar with the matter. An array of investment firms, as well as crypto exchange OKX, are also said to be involved in discussions, according to Reuters, as well as investor Dan Loeb.
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