Cryptocurrencies
Inside FTX.US, Employees Are Trying to Sell Assets With Sam Bankman-Fried Away
- Assets pitched include Embed, Miami Heat arena naming rights
- Bankman-Fried has said FTX.US ‘was not financially impacted’
This article is for subscribers only.
There’s a scramble to sell assets inside FTX.US, the part of Sam Bankman-Fried’s crypto empire where he insisted on Thursday that “USERS ARE FINE!”
Employees of the US-based crypto exchange are in talks about selling parts of the business, including some assets that Bankman-Fried amassed on a sweeping acquisition tear across the industry, according to two people with direct knowledge of the matter, who requested anonymity because the talks were private.