
01
Jul
BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M
If a deal goes through, it won't be the first time FTX started an acquisition with a line of credit. Acquisition talks between BlockFi and FTX may be nearing an end. Unnamed sources told CNBC on Thursday that CEO Sam Bankman-Fried’s FTX cryptocurrency exchange could pay about $25 million to acquire the…