Samuel BankmanFried Seeks To Acquire Bithumb, SKorea’s Second Largest Crypto Exchange

Samuel Bankman-Fried, the founder and CEO of FTX, is hunting for acquisition targets as the market crashes. SBF acquired various crypto firms last month, including Voyager Digital and BlockFi. Fast-growing FTX is preparing to spend billions for its expansion and growth, along with exploring Asia for potential acquisitions. Recently, FTX has expressed interest in acquiring ‘Bithumb,’ a popular South Korean crypto exchange. The parties have been discussing the purchase for a while now but haven’t yet reached an agreement.