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The Wall Street Journal: FTX executives have been unable to contact SBF for several days

2022-11-10 09:30:38
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ChainCatcher news, according to the Wall Street Journal, FTX employees stated that despite multiple attempts, at least one FTX executive has been unable to contact SBF for several days. The executive also mentioned that employees have not received information about what is happening internally at FTX, but have learned about new developments from Twitter. This insider said that the lack of communication has left employees feeling angry and surprised.

Earlier reports indicated that Binance abandoned its acquisition of FTX based on due diligence results; Bloomberg cited sources saying that SBF claimed FTX is facing an $8 billion shortfall and will file for bankruptcy without a capital injection. (source link)

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