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FTX looks for $9.4 bln in rescue funds, Bahamas freezes some assets

Nov 10 (Reuters) – FTX is scrambling to raise about $9.4 billion from investors and rivals, a source said on Thursday, as Chief Executive Sam Bankman-Fried urgently seeks to save the cryptocurrency exchange that has been buffeted by a rush of customer withdrawals. Bankman-Fried has discussed raising $1 billion each from Justin Sun, the founder… Continue reading FTX looks for $9.4 bln in rescue funds, Bahamas freezes some assets