According to Reuters, Sam Bankman-exchange Fried’s was in talks to fund $9.4 billion with a number of investors earlier today. One of the potential rescuers was Loeb’s Third Point. It is unclear whether the struggling exchange will be able to find enough funding to avert possible bankruptcy.
In order to move Tron-based assets from the failed trading platform to external wallets, FTX and Tron have already negotiated an agreement.
Loeb, though, called the allegations regarding his alleged involvement in the FTX drama “fake news” and denied any connection. After Binance chose not to purchase the exchange, the exchange’s future remains uncertain.
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
Annie
CoinCu News
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
This website uses cookies.
