Sam Bankman-Fried seeks up to $8bn to bail out crypto empire
Briefly

Sam Bankman-Fried is racing to raise as much as $8bn to save his crypto empire as more of his former backers write down their investments in the FTX exchange.The 30-year-old conceded on Twitter on Thursday that the FTX trading venue has an insufficient store of readily accessible funds to meet client demands.
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