Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week (Wall Street Journal)
Wall Street Journal:
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
Wall Street Journal:
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week — FTX gave crypto lender a $250 million credit line this week — Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.