Bankman-Fried denies Huobi acquisition plans | Crypto

Bankman-Fried denies Huobi acquisition plans

– FTX is a cryptocurrency derivatives exchange
– In August, Bloomberg reported that FTX was in talks to buy a majority stake in Huobi
– If the deal went through, it would value Huobi at $3 billion or more
– Justin Sun, founder of the Tron blockchain network, was also interested in bidding on the stake, but has since denied any interest

B4WX4MGSNFGSRK4OCXJVWD3UJA Bankman-Fried denies Huobi acquisition plans

Leave a Reply

%d bloggers like this: