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The Chopping Block: Was FTX a Scam From the Very Beginning? - Ep. 433
Unchained
The Block Secretly Got a Financing
The block secretly got a financing where SPF basically gave a massive loan to the block. And that loan both financed the block itself, as well as real estate for the former CEO of the block. Mike did basically a private equity buyout of the block from its former team and owners used SPF's money to personally own the entire the block.
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