Former BitMEX CEO Believes FTX Cannot Be Saved from Bankruptcy
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According to the founder of BitMEX, Arthur Hayes, FTX is facing bankruptcy and its situation has worsened sharply after Binance refused to buy it.
Arthur Hayes believes there is currently no major player in the market who would be able to buy out FTX and assume its obligations.
Even the largest crypto exchange, Binance, did not dare to make this risky deal, after studying the financial performance of FTX.
The founder of BitMEX doubts investors in the affected company will be able to get back their funds in the near future.
They will have the opportunity to receive their capital only as part of the bankruptcy lawsuit of the exchange, and this can take a long time.
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