BlockFi CEO Responds To Rumors They Sold For $25 Million

Rumors of a BlockFi sale for a paltry $25 million are swirling around the internet. CEO Zac Prince responded to the claim… FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale https://t.co/9uRESw9KCt — CNBC (@CNBC) June 30, 2022 Kate Rooney of CNBC reported earlier today […]

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Contagion: Genesis faces huge losses, BlockFi's $1B loan, Celsius's risky model

A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.

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Morgan Creek Digital to Raise $250m, Balancing BlockFi's Bailout from FTX

Bailing out the crypto lending platform BlockFi has come off as one of the most significant endeavours for early investors in the company such as Morgan Creek Digital. (Read More)

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FTX, Morgan Creek, And The Future Of BlockFi

Despite the doom and gloom, BlockFi has some serious suitors. Namely, FTX and Morgan Creek. Covered: FTX, Morgan Creek Looking To Buy BlockFi Morgan Creek Looking To Save Their Investment How’s BlockFi Doing? FTX, Morgan Creek Looking To Buy BlockFi Today @BlockFi signed a term sheet with @FTX_Official to secure a $250M revolving credit facility […]

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Crypto Flipsider News – Cryptos Recover; Morgan Creek Counters FTX; Goldman Sachs to Buy Celsius; Cardano Update; SHIBA Burn

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