Reuters: Special Report-FTX’s Bankman-Fried begged for a rescue even as he revealed huge holes in firm’s books

Reuters: Special Report-FTX’s Bankman-Fried begged for a rescue even as he revealed huge holes in firm’s books. “Sequoia was among investors that lined up only months before to pump money into [Sam] Bankman-Fried’s empire. But not now. Sequoia was shocked at the amount of money Bankman-Fried needed to save FTX, according to the sources, while Apollo first asked for more information, only to later decline. Both firms and TPG declined to comment for this article.”

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