Is FTX’s SBF Back At Mass Acquiring With Latest Crypto Deal?

Crypto exchange FTX head Sam Bankman-Fried was at the centerstage of this year’s crisis in the crypto credit scene. The billionaire investor acquired stakes in various companies, handed out loans in a bid to ‘save the industry’. In a latest, the billionaire acquired stake in Kwil Inc, provider of decentralized database infrastructure. This comes at the back of FTX’s interest in acquiring the assets of bankrupt crypto lender Voyager Digital.

Earlier this week, it was reported that Binance and FTX were vying for acquiring Voyager assets. In a latest Securities and Exchanges Commission (SEC) filing dates September 22, the total offering amount was shown to be $9,674,000.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.