SBF: FTX still has about $1 billion available to acquire struggling crypto companies
Chain Catcher News, SBF stated during an interview with CNBC's Squawk Box that FTX still has about $1 billion ready to help struggling cryptocurrency companies.
It is reported that after this year's downturn in the crypto market, FTX has invested in several companies in the crypto space, such as the hedge fund SkyBridge Capital. Previously, SBF expressed hope that other companies in the crypto industry would step up to help rescue those affected by the market downturn. (Source link)
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