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Published 2 years ago

Crypto exchange FTX has "a few billion" to support industry - Bankman-Fried

Summary by Reuters
Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

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ReutersReuters

Crypto exchange FTX has "a few billion" to support industry - Bankman-Fried

Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

2 years ago·United Kingdom
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CNBCCNBC

Crypto exchange FTX has ‘a few billion’ to support industry, Bankman-Fried says

Sam Bankman-Fried said he and FTX still have a "few billion" on hand to shore up struggling firms that could further destabilize the digital asset industry.

2 years ago·United States
Read Full Article
IBTimesIBTimes

Crypto Exchange FTX Has "a Few Billion" To Support Industry - Bankman-Fried

Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilize the digital asset industry, but that the worst of the liquidity crunch has likely passed.

2 years ago·United States
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Business InsiderBusiness Insider

Sam Bankman-Fried says the worst of the crypto liquidity crisis is likely over with FTX holding 'a few billion' to prop up failing ventures

Sam Bankman-Fried says some of the money used to bail out crypto firms is his own. He said Wednesday FTX still had billions to help even more.

2 years ago·United States
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MarketWatchMarketWatch

Crypto exchange FTX still has 'a few' billion dollars to backstop industry, says Sam Bankman-Fried

Crypto billionaire Sam Bankman-Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies.

2 years ago·United States
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FortuneFortune

Sam Bankman-Fried says FTX has a 'few billion' to help failing crypto companies, but adds the worst is probably over

"It does get increasingly expensive with each one of these," FTX CEO and crypto billionaire Sam Bankman-Fried told Reuters. He's been a busy white knight recently. Read More

2 years ago·New York, United States
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