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FTX Close to Buying BlockFi for Just $25M

The beleaguered crypto lender was reportedly close to finalizing a down round valuing it at $1 billion earlier this month.

Updated May 11, 2023, 6:48 p.m. Published Jun 30, 2022, 5:57 p.m.
FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)
FTX CEO Sam Bankman-Fried (Alex Wong/Getty Images)