Tether Has no Plans to Invest or Lend Money to FTX and Alameda, Says Tether CTO
Nov 11,2022,04:03
Tether CTO Paolo Ardoino tweeted that Tether does not have any plans to invest or lend money to FTX/Alameda.
Previously, according to Reuters, SBF is seeking to put together a rescue package of up to $9.4 billion for the crypto exchange FTX. It is reported that SBF is discussing raising about $1 billion from crypto-token Tron founder, $1 billion from crypto exchange OKX, $1 billion from crypto firm Tether and $2 billion from a consortium of investment funds.