‘I was one of the world’s greatest fundraisers; now I’m the fallen wreckage of one.’
news reporter on Wednesday, the fallen chief showed defiance, claiming that raising $8 billion to compensate account holders is currently his top priority."I have 2 weeks to raise $8 billion; that's basically all that matters for the rest [of] my life." he wrote, responding to a question about his plans.
The 30-year-old spent the weekend looking for financial commitments that could assist cover some of the $8 billion gap the company is experiencing, according to the Journal.Last week, the executive resigned as CEO of FTX Group after the company filed for Chapter 11 bankruptcy. The demise of FTX was brought on by a massive sell-off of FTT, the company's native bitcoin token, by the competing exchange Binance.Due to a three-day "run" on bitcoin valued at billions of dollars caused by its value falling, FTX experienced a "liquidity crisis" since it lacked the assets necessary to pay out client withdrawals.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Sam Bankman-Fried continues bizarre Twitter rambling, says FTX US had cash needed to repay clientsIf former FTX CEO Sam Bankman-Fried had designs on repairing his reputation as a responsible steward of a once multi-billionaire-dollar crypto empire, he’s certainly making that complicated.
Baca lebih lajut »
'My goal: Clean up and focus on transparency': says former FTX CEO Sam Bankman FriedSam Bankman-Fried, the former chief executive of fallen crypto exchange FTX, loosely outlined on Twitter his goals going forward.
Baca lebih lajut »
FTX founder Sam Bankman-Fried should testify on crypto exchange collapse: Sen. Sherrod BrownSen. Sherrod Brown, D-Ohio, said former FTX CEO Sam Bankman-Fried should testify before Congress regarding the collapse of his company. Billions of dollars have gone missing.
Baca lebih lajut »
Sam Bankman-Fried tweets he'll explain 'what happened' with FTX collapseFormer FTX CEO Sam Bankman-Fried hinted in a string of cryptic tweets that he plans to provide an explanation of 'what happened' with the crypto exchange company's sudden collapse.
Baca lebih lajut »
Kevin O'Leary Says He'd Invest in FTX Founder Sam Bankman-Fried AgainO'Leary doesn't seem too bothered that SBF used $10 billion in FTX customer deposits to prop up his hedge fund.
Baca lebih lajut »
US may extradite Sam Bankman-Fried amid FTX collapse investigation: reportThe US may request Sam Bankman-Fried's extradition to the U.S. from the Bahamas for questioning regarding the collapse of FTX. Bloomberg is facing possible criminal investigation.
Baca lebih lajut »