What measures can FTX take to avoid bankruptcy?

What strategies can FTX implement to prevent bankruptcy and ensure its financial stability in the cryptocurrency market?

1 answers
- As a third-party observer, it is crucial for FTX to maintain a strong partnership with reputable financial institutions. Collaborating with banks and other financial service providers can help FTX access additional funding sources and improve their liquidity. This will provide them with the necessary capital to withstand market fluctuations and avoid bankruptcy. By leveraging the expertise and resources of established financial institutions, FTX can enhance their credibility and stability in the cryptocurrency market.
Mar 06, 2022 · 3 years ago
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