![FTX needs emergency funding amid withdrawal requests - WSJ](https://i-invdn-com.investing.com/trkd-images/LYNXMPEIA813J_L.jpg)
© Reuters. FTX logo is seen in this illustration taken, November 8, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – FTX Chief Executive Sam Bankman-Fried told investors on Wednesday that the cryptocurrency exchange needs an emergency funding to cover a shortfall of up to $8 billion due to withdrawal requests received in recent days, the Wall Street Journal reported, citing people familiar with the matter.
FTX did not immediately respond to a Reuters request for comment.
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