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Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX's BlockFi bailout, since it could wipe out BlockFi shareholders (Tracy Wang/CoinDesk)
Tracy Wang / CoinDesk:
Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX’s BlockFi bailout, since it could wipe out BlockFi shareholders — FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders …
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