HomeBusinessReport: FTX CEO seeks $9.4 bn rescue package.

Report: FTX CEO seeks $9.4 bn rescue package.

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By lapaasindia
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  • According to reports, FTX CEO Sam Bankman-Fried is seeking to raise up to $9.4 billion in a rescue package for his struggling business.
  • According to Reuters, he is talking about raising money from a variety of investors, including the cryptocurrency firms Tether and OKX.
  • According to the report, Bankman-Fried has resisted declaring bankruptcy and has declined to name restructuring advisers.

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