Daniel from Improve Press
FTX founder and CEO Sam Bankman-Fried, also called SBF, clarified that there aren’t any plans to amass cryptocurrency change big Huobi, opposite to earlier studies.
Beforehand, TRON’s Justin Solar additionally denied comparable rumors.
- Sam Bankman-Fried made the clarification in a tweet on Monday (August 29, 2022). In accordance with the billionaire:
“Simply to be express as a result of apparently lots of people are saying this: No, we aren’t planning to amass Huobi.”
- SBF’s assertion follows earlier studies that Huobi boss Leon Li is trying to promote his majority stake within the platform, reportedly valued between $2 billion to $3 billion. Li mentioned to be in talks with the FTX CEO, TRON founder Justin Solar, and different potential patrons.
- Nevertheless, Solar instantly denied the unique Bloomberg report, stating that neither he nor the corporate has engaged with Huobi.
- Bankman-Fried additionally earlier refuted rumors about buying investing and buying and selling platform Robinhood.
- In the meantime, FTX has been concerned in merger and acquisition offers amid the continued crypto winter.
- As beforehand reported by CryptoPotato, it was confirmed that Bithumb proprietor Vidente is holding discussions with FTX about probably promoting its stake to SBF’s firm.
- In July, BlockFi CEO Zac Prince introduced that the cryptocurrency lender “signed definitive agreements” with FTX, which incorporates an choice to buy BlockFi for as much as $240 million.
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