Express

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: ,,,,
Link: FTX Bankruptcy Likely Without More Cash   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago
  • You need to login to comment.