Last week it was revealed that BlockFi may be acquired by FTX US. Sam Bankman-Fried’s firm had previously stepped in to stabilize the company with a $250 million revolving credit line, but a path to acquisition was eventuallyThe exchange said it would provide the firm with a $400 million revolving credit line, which, subject to shareholder approvals, would give it an option to acquire the firm at a price up to $240 million.
Cumberland, which is within the DRW family of companies, is an established principal trading firm with over 25 years of experience working in traditional financial markets, and offices around the globe.QCP Capital, a crypto trading firm in Singapore, shared similar concerns in a market update on Sunday.
Timccopeland When you have FUD overdoses everyday... It's kinda boring
nuke dem all
Bullish 🚀
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