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Home » Was Sam Bankman-Fried Proven Right About FTX’s Solvency?
Was Sam Bankman-Fried Proven Right About FTX’s Solvency?
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Was Sam Bankman-Fried Proven Right About FTX’s Solvency?

CoindeskBy CoindeskMay 10, 20240 ViewsNo Comments
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To make it brief, in the days leading up to FTX’s bankruptcy on Nov. 11, 2022, SBF was frantically trying to shore up a gigantic hole in his company’s balance sheet by raising funds basically from anyone he could. This reportedly includes everyone from Silicon Valley VCs, Saudi money men and even SBF’s archrival ex-CEO of Binance Changpeng Zhao (who reneged on a handshake buyout deal after reviewing the state of FTX’s finances, only speeding up the ongoing run on the exchange).

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What’s Next for XRP, DOGE, SOL as BTC Breaks Record Highs?

May 23, 2025

From Wall Street to Crypto: Sebastian Bea on the Institutional Playbook for Digital Assets

May 23, 2025

Pictures give glimpse inside Trump’s memecoin holder dinner

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