Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters

Sam Bankman-Fried’s FTX will raise funds next week with the help of advisor Huobi, according to Reuters, citing an internal memo.
Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters

The announcement comes a day after FTX failed to sell itself to competitor Binance. Both the exchange and its token, FTT, have fallen into crisis. At the time of writing, FTT is trading at $3.38, a “significant” rebound today.

Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters
FTT daily chart. Source: Coincu

Sam Bankman-Fried, the founder of FTX, stated that he had spoken with Sun about fundraising in the memo cited by Reuters. Justin Sun also previously issued a “signal” to rescue SBF’s exchange.

Find out more information about Sam Bankman-fired at Coincu.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters

Sam Bankman-Fried’s FTX will raise funds next week with the help of advisor Huobi, according to Reuters, citing an internal memo.
Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters

The announcement comes a day after FTX failed to sell itself to competitor Binance. Both the exchange and its token, FTT, have fallen into crisis. At the time of writing, FTT is trading at $3.38, a “significant” rebound today.

Sam Bankman-Fried Talks With Justin Sun To Raise Funds Next Week: Reuters
FTT daily chart. Source: Coincu

Sam Bankman-Fried, the founder of FTX, stated that he had spoken with Sun about fundraising in the memo cited by Reuters. Justin Sun also previously issued a “signal” to rescue SBF’s exchange.

Find out more information about Sam Bankman-fired at Coincu.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News