Reportedly, Sam Bankman-Fried It has asked investors to raise an emergency fund of $8 billion to compensate for the shortfall caused by his crypto exchange’s massive withdrawal requests over the past few days.
followA report in the Wall Street Journal (WSJ) citing “people familiar with the matter” said: The CEO filed a complaint with investors on Nov. 9 in which he outlined a solution to FTX’s financial problems.
Sources pointed out that Bankman-Fried Looking to raise capital $3 billion to $4 billion In addition, he will use his personal money to “Completing clients and investors,” according to a WSJ source.
report from the bureaunewsReuters on Nov. 8 pointed out that FTX had withdrawn about $6 billion in the 72 hours leading up to Nov. 8.
On November 9, the FTX website posted a new warning stating: “Currently, withdrawals cannot be processed. And we do not recommend making a deposit.”
At the same time reportOn Nov. 9, Bloomberg claimed that Bankman-Fried Tell investors that if there is no cash injection The company must file for bankruptcy with reference to “A person with direct knowledge of the matter.”
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