FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming

Posted on June 29, 2022
In 3AC, Balance Sheet, BlockFi, Celsius, exchange failures, exposed firms, Exposure, financially sound, ftx, insolvency, insolvent, Liquidations, Mergers and acquisitions, News, paused withdrawals, regulatory issues, risk-on exposure, secretly insolvent, Steven Ehrlich, terra, terra luna, Terra UST, Tether, third-tier exchanges, Three Arrows Capital, USDT, Voyager

In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old billionaire says sometimes you have to do “what it takes to sort of stabilize things […]
Bitcoin News

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