FTX's CEO: we have a few billion to support the industry

Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his company still have a “few billion” on hand to shore up struggling firms that could further destabilize the digital asset industry. He also said the worst of the liquidity crunch has likely passed. As the U.S. Federal Reserve has begun aggressively hiking rates to combat hyperinflation, investors have fled the crypto markets.

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Tommaso Tosi

commented 1 month ago

Sam is the 🐐🐐🐐

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