3 ms·

Isn't $25 nothing for a company like that in crypto space?

• Canada 4y ago
  well, it already bailed them out with at least $250M
• wmf 4y ago
  It's a lot for an insolvent company.
  • ac29 4y ago
    Right if they are insolvent, the cost is $25M plus taking on an unknown amount of debt, perhaps substantial.
    • wmf 4y ago
      I don't see any reason for FTX to take on debt when they could wait for bankruptcy to wipe out the debt then buy the goodwill that remains.
• ignoramous 4y ago
  The CEO, Zac Prince, has categorically denied BlockFi being sold for $25m https://archive.is/ASEe6 https://archive.is/ASEe6