FTX Bankruptcy Likely Without More Cash

Tris Bell

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]

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FTX Bankruptcy Likely Without More Cash

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