CoinGape
2022-07-13 13:56:40

Breaking: BlockFi CEO Describes Latest Move “Best Possible Outcome”

After undergoing an agreement with Sam Bankman-Fried’s FTX to resolve liquidity woes, BlockFi says the recent move was needed anyway. Last month, FTX US offered the company a revolving credit facility of $400 million. The BlockFi FTX agreement also included an option to to acquire BlockFi for $240 million. BlockFi’s Plans After Securing Help Speaking The post Breaking: BlockFi CEO Describes Latest Move “Best Possible Outcome” appeared first on CoinGape.

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