NEWS ROUNDUP: The Wreckage Of Blockfi, 3AC, Celsius and More ep269
BTC Sessions
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BlockFi Isn't Being Sold for $25 Million
FTX is close to finalizing a term sheet to buy BlockFi. It comes after FTX provided a $250 million emergency line of credit to BlockFi. The price tag is 99% below BlockFi's last valuation, leaving equity investors in BlockFi wiped out and writing off the value of their losses.
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