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, 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
Explore the week's biggest crypto news, from SEC actions to mining shifts and regulatory changes.…
Users can now easily view the available BounceBit airdrops on the BounceBit Portal and expect…
Ripple CEO warns US action against Tether could disrupt crypto sector. Tether, used to bypass…
Notcoin distribution will see approximately 5% of the total Notcoin supply allocated to over 500,000…
zkSync developers have provided updates regarding the zkSync Era Sepolia testnet, aiming for full restoration…
Two long-dormant Bitcoin wallets, identified as "16vRqA" and "1DUJuH," have suddenly sprung to life after…
This website uses cookies.