FTX CEO Sam Bankman-Fried Says Firm Still Has $1,000,000,000 in Cash Left To Deploy for Acquisitions

FTX CEO Sam Bankman-Fried says the firm still has about $1 billion in cash on the sidelines ready to help ailing crypto firms. FTX made investments in several firms in the crypto space, such as Anthony Scaramucci’s hedge fund SkyBridge Capital. Last month, the CEO said that he wished other firms would step up to help him in saving companies hurt by the market downturn. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets.

Read Long Article

Scroll to Top