Google and BlackRock Considered Investing in FTX as It Crumbled
During Sam Bankman-Fried recent trial, it was revealed that FTX sought investments from heavyweights like BlackRock and Google before its fall. The evidence included a spreadsheet with investor info, showing they had a "medium" chance of participating. BlackRock previously invested $24 million in FTX, while Google shared ties. However, the funding round never closed, and the exchange filed for bankruptcy. Bankman-Fried faces fraud charges related to misusing customer funds. The trial also hinted at Saudi Arabia's Crown Prince considering equity in FTX. Stay tuned for more updates on this intriguing crypto saga! #crypto2023 #New #FTX #BlackRock #Google