Dan Loeb's Hedge Fund Third Point Among Those in Talks for $9.4B FTX Rescue
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Sam Bankman-Fried has had discussions with Tron founder Justin Sun, rival crypto exchange OKX, Dan Loeb's Third Point, and a number of other investment funds as he looks to raise $9.4 billion for FTX, according to Reuters.
Per the report, SBF is looking to raise about $1 billion from Sun, another $1 billion from OKX, and $2 billion from a group of investment funds, with the remainder to come from Dan Loeb's hedge fund Third Point.
This is a developing story ...