Sam Bankman-Fried, the former CEO of FTX, called Garlinghouse, according to The Sunday Times, two days before the company declared bankruptcy in an effort to find investors to save it. The event, which was held on November 16 and 17, coincided with Ripple's Swell event in London, which also did take place on the same days.
The two talked the possibility that there had been any FTX-owned businesses that Ripple would purchase during in the discussion, according to the CEO of Ripple, the two talked not because there had been any FTX-owned businesses that Ripple would purchase during in the discussion, according to the CEO of Ripple Garlinghouse does acknowledge, though, that any prospective deal involving an FTX business will be more challenging in light of FTX's recent ruling to file for bankruptcy under Chapter 11 in the United States radically different from how things would have been handled while working alone. “Not that I doubt we'll look into such things; I'm positive we will. However, it's a more challenging path to go,” He went on.
The bankruptcy petition that was filed in Delaware listed almost 130 companies associated with FTX.
Garlinghouse showed interest in acquiring the parts designed to serve business customers. It appears that the executives at Ripple, like several others in the industry, are staying up to date on the most recent issues in the FTX scenario.
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