Days before, O’Leary said, he was looking to make sense of the liquidity issue on FTX’s balance sheet. At the time, O’Leary said that he was receiving an influx of “inbound requests” from sovereign wealth and pension funds interested in helping fix FTX’s cash crunch. Bankman-Fried told O’Leary that FTX was looking for $8 billion.
Related posts
-
Colossal Buying Pressure For Bitcoin And Solana As FTX Plans $16B Distribution, Expert
In a significant development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022... -
Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?
Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another... -
Bitcoin (BTC) Price Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of...