Details from SBF reveal that FTX 2.0 attracted final bids from Arj/Tribe, Bullish, and Figure before legal counsel halted negotiations.
FTX co-founder Sam Bankman-Fried disclosed that three reputable finalists—Arj/Tribe with a listed exchange, Tom Farley’s Bullish, and Mike Cagney’s Figure—participated in the FTX 2.0 auction process. This revelation contrasts earlier claims that there were no buyers for the bankrupt exchange. Despite the bids’ significant potential and reputation of the participants, FTX’s legal counsel ultimately halted these deals, preventing any transaction from moving forward.