FTX Sought Investments From BlackRock and Google in Failed Funding Spherical Earlier than Collapse
In line with new proof given within the legal trial of FTX founder Sam Bankman-Fried, the cryptocurrency alternate sought funding from BlackRock and Google.
The spreadsheet included a listing of potential traders equivalent to BlackRock, Google, Apollo, and others. Whereas BlackRock had beforehand invested $24 million in FTX, it’s unclear whether or not they joined within the newest spherical of funding. Whereas Google didn’t straight put money into Bankman-Fried’s companies, they invested in firms backed by Alameda Analysis. Bankman-Fried’s trial continues as he defends himself towards a number of fraud and conspiracy allegations.
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