SBF says FTX is exploring all options after Binance deals falls through

November 10, 2022

FTX chief told employees that the firm is exploring all options after Binance deal fell through.

“I’m working, as quickly as I can, on next steps here. I wish I could give you all more clarity than I can,” SBF told employees, Reuters reported.

SBF said in the staff message that his goals were to protect customers and provide any help he could for staff and investors.

“I’ll keep fighting for those (goals), as best as I can, as long as it’s correct for me to. I’m exploring all the options,” SBF said.

Earlier, Bloomberg reported that the Department of Justice (DOJ) is looking into the turmoil and officials are working with the SEC.

Justin Sun earlier tweeted that Huobi is working with FTX to bring “normalcy to all FTX users.”

FTX’s FTT token is down from $18 on 8th November to $2.62 at the time of writing.