Financial Times: FTX is seeking $10 billion in emergency funding and has sent letters of intent to potential investors

According to ChainCatcher news, the Financial Times reported that FTX is seeking up to $10 billion in emergency funding and has already sent a "letter of intent" to potential investors. The letter outlines two options: one is "traditional investment," categorized by investment method ("equity and convertible, etc.") and scale (greater than or less than $2.5 billion);

the other is the so-called "all-together set (AT)" investment, which is similar to a crowdfunding campaign with a minimum target. If investors collectively contribute more than $6 billion to FTX, it will trigger the "all-together set investment," but investors cannot specify any investment terms. (source link)