Same Bankman-Fried warned that some exchanges are “secretly insolvent”

In an inteveiw with Forbes, extremely rich person Sam Bankman-Fried said there are some thir-level trades that are as of now covertly ruined.

Sam Bankman prior gave different crypto compaines $750 million in credit lines to save them from bankruptcy.

FTX CEO conceded they will do a terrible arrangement to save the business.

We're willing to do a not really great arrangement here, assuming that is the stuff to kind of stablize things, FTX head said in the meeting.

Bankman further expressed that there are some crypto organizations that are essentially excessively far gone to be saved.

At the point when gotten some information about Tether's potential depegging from US dollar, Sam said he isn't stressed over that and most negative perspectives on Tether are ridiculous.

Prior it was supposed that FTX is hoping to procure Robinhood however Sam Bankman denied such cases.