What are the terms and conditions of the facility received by ftx from FTX?

3 answers

• Jan 20, 2022 · 3 years ago
  The facility received by FTX from Binance includes a loan agreement with specific terms and conditions. The key provisions may include the loan amount, interest rate, repayment schedule, and collateral requirements. It is important for FTX to comply with the terms and conditions to maintain a good relationship with Binance and ensure the smooth operation of the facility.
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• Jan 20, 2022 · 3 years ago
  FTX received a facility from Binance, which is likely a form of financial support. The terms and conditions of such facilities are usually negotiated between the two parties involved. It may involve factors like loan duration, interest rates, and collateral requirements. These terms and conditions are crucial for both FTX and Binance to ensure a mutually beneficial agreement.
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• Jan 20, 2022 · 3 years ago
  When FTX received the facility from Binance, they would have agreed upon specific terms and conditions. These terms and conditions could include details about the loan amount, interest rates, repayment terms, and any collateral or guarantees required. It is common for such agreements to be confidential, so the exact terms may not be publicly disclosed. However, it is important for FTX to adhere to these terms and conditions to maintain a positive relationship with Binance.
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