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FTX Bankruptcy Likely Without More Cash
Summary: FTX warned that it may file for bankruptcy if it doesn’t get a cash infusion. The news follows reports of Binance backing down on a promise to buy the exchange after looking at its blurry books. FTX currently has an $8 million shortfall, according to reports by Bloomberg. Author: Tris Bell
FTX warned that it may file for bankruptcy if it doesn’t get a cash infusion.
The news follows reports of Binance backing down on a promise to buy the exchange after looking at its blurry books.
FTX currently has an $8 million shortfall, according to reports by Bloomberg.
Author: Tris Bell
Last Update:
Tags: bankruptcy,Binance,cash infusion,Exchange,FTX
Link: FTX Bankruptcy Likely Without More Cash [Copy]
Tags: bankruptcy,Binance,cash infusion,Exchange,FTX
Link: FTX Bankruptcy Likely Without More Cash [Copy]