According to Reuters, FTX CEO Sam Bankman-Fried (SBF) is seeking a rescue plan of up to $9.4 billion for FTX. Sources say SBF is discussing raising about $1 billion from Justin Sun, $1 billion from OKX, $1 billion from Tether and $2 billion from a consortium of investment funds, with the remainder to come from other investors, with FTX One of the investors negotiating is Daniel Loeb's hedge fund Third Point. So far, however, SBF has made little progress on the rescue plan, but it has refused to file for bankruptcy and has declined to appoint a restructuring adviser. FTX, Justin Sun, OKX and Third Point did not immediately respond to requests for comment.