It is not currently understood whether OKX or Sequoia Capital is considering support for the embattled exchange.
However, Lennix Lai, director of financial markets at OKX, previously told Reuters on Nov. 9 that Bankman-Fried for up to $4 billion from the exchange to help cover FTX liquidity issues, though didn’t confirm if the company would assist FTX.its nearly $214 million worth of investments into FTX marking them as a complete loss saying FTX’s liquidity issues “created a solvency risk” but added it wouldn’t have a large impact on the company.by Axios on Nov. 10 but it was not said if any deal was reached by the two parties.
Cointelegraph contacted OKX, Kraken, Sequoia Capital and FTX for comment but did not immediately receive a response.
How could they? They can't afford a bank run
Shitshow.
What happens next then since no one’s gonna fill the hole?
This is the right plan