FTX Has 'A Few Billion' to Support Industry, Claims Head Sam Bankman-Fried

FTX head Sam Bankman-Fried said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilise the digital asset industry. He has said he plans to give away 99 percent of his wealth, and that he could spend up to $100 million (nearly Rs. 800 crore) supporting candidates in the 2024 election cycle