But the rivals he called to ask for a loan were surprised by how much he was seeking. Lennix Lai, an executive at the exchange OKX in Hong Kong, later told a reporter that Bankman-Fried said to him on Tuesday morning he needed a few billion dollars immediately to avoid “very serious consequences.” On a conference call, Bankman-Fried reportedly told investors FTX would go bankrupt if he didn’t raise at least $4 billion. “I fucked up,” Bankman-Fried reportedly said on the call, adding that he would be “incredibly, unbelievably grateful” to anyone who could help. This didn’t really make sense. An
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