WSJ: SBF Still Trying to Raise New Funds in the Face of Bankruptcy

SBF, along with its few remaining employees, is spending the weekend making calls around looking for new investor commitments, according to the Wall Street Journal.

FTX filed for bankruptcy last week, but SBF still believes he can raise enough money to compensate users, according to people familiar with the matter.

Source

SBF

FTX

Related News
Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more Backpack acquires FTX EU, Bitcoin and Ethereum ETFs clock over $1 billion worth of inflows and more
FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims FTX Plans to Give 98% of its Creditors up to 118% of Allowed Claims
FTX Aims to Begin to Repay Customers by the End of 2024 FTX Aims to Begin to Repay Customers by the End of 2024
Sam Bankman-Fried Sentenced 25 Years in Prison Sam Bankman-Fried Sentenced 25 Years in Prison
Federal Prosecutors Suggest SBF to be Sentenced 40-50 Years in Prison Federal Prosecutors Suggest SBF to be Sentenced 40-50 Years in Prison
Latest News More More
2 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
2 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
3 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
3 Days Ago Binance Records $3.97B Weekly Inflows
3 Days Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open