Saturday, December 10, 2022

FTX secretly funded crypto news site The Block: report

The report said McCaffrey, who stepped down as the CEO of The Block, received two loans from Alameda Research - Sam Bankman-Fried's trading platform - of about $27 million to restructure his company. Another loan of $16 million, was used by the CEO to fund his property purchase in the Bahamas.

from Tech-Economic Times https://ift.tt/bPxAK4h

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

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