Sam Bankman-Fried reveals the current situation at FTX after bankruptcy
After filing for Chapter 11 bankruptcy Friday, former CEO of FTX Sam Bankman-Fried plans on raising new capital to make customers whole. Sam Bankman-Fried stated that his goal was to “raise liquidity and make customers whole,” and also disclosed the liquid, semi-liquid and illiquid assets of crypto exchange FTX. However, FTX may have exceeded its limit.
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