SBF sought $1 billion in funding, but the funding gap has widened to $6 billion
According to ChainCatcher, citing informed sources from Semafor, SBF had sought help from billionaires on Wall Street and Silicon Valley for a $1 billion emergency fund before reaching a deal to acquire Binance. However, by noon on Tuesday, FTX's funding gap had quickly widened to $5-6 billion. (Source link)
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