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FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy | C

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy 'Hundreds of Millions' to Help Crypto Industry

The
founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digital’s customers, according to an announcement FTX published on July 22. Furthermore, Bankman-Fried discussed the crypto industry with CNBC in an exclusive interview.

Not too long ago on June 28, Sam Bankman-Fried told Forbes author Steven Ehrlich that some crypto firms were “secretly insolvent” and he warned more insolvencies were coming. The FTX CEO’s words came true, as more companies with financial issues followed the problems customers were having with Celsius freezing withdrawals. Celsius eventually filed for bankruptcy protection alongside Three Arrows Capital, and Voyager Digital. On July 22, Bankman-Fried tweeted out a statement that explains FTX is willing to help Voyager’s customers.

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