BlockFi

BlockFi reached an agreement with Sam Bankman-Fried’s FTX US division for a revolving line of credit and potential acquisition. It represents a total value of $680 million. Zac Prince, the CEO of BlockFi, tweeted that FTX has the option to…
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Leaked Call Indicates Morgan Creek Is Attempting to Oppose FTX's BlockFi Bailout According to a leaked phone call, Morgan Creek is planning to sabotage FTX’s attempt to extend their $250 million line of credit to BlockFi. To achieve this,…
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The Security Exchange Commission (SEC) announced on 14 February that they will be taking action against BlockFi, which is a crypto lending company. SEC said BlockFi failed to list its high yield accounts, which the agency considers…
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If your company was in the crypto and blockchain business, would you like to be regulated? This is what happened to BlockFi and Zac Prince, the company’s CEO. For some background – BlockFi was set up in 2017 and is based in New…
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