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FTX and Ledn Compete for Troubled BlockFi - Reports


Both major crypto exchange FTX and crypto lender Ledn have reportedly joined the race for a stake in the troubled crypto lender BlockFi. Bloomberg and CNBC reported about the ongoing negotiations between BlockFi and FTX. According to CNBC's undisclosed sources, FTX is close to finalizing a term...

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming


In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...

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