FTX gives BlockFi $400M credit facility; has buy option for up to $240 million

BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The post FTX gives BlockFi $400M credit facility; has buy option for up to $240 million appeared first on CryptoSlate.

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FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet

FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. The post FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet appeared first on CryptoSlate.

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