According to a crypto news website Coindesk, a leaked call has revealed that BlockFi’s long time backer Morgan Creek Digital, is trying to raise $250 million to counter FTX’s bailout. The bailout is said to be disastrous for BlockFi’s Long time backers as it stands to wipe them out. Morgan Creek Digital to raise $250

The post Scoop: This Hedge Fund Is Trying To Bailout BlockFi To Counter FTX appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Ethereum Foundation Hints Another Big ETH Dump In $49M Setup

The Ethereum Foundation is once again in the spotlight with fresh on-chain activity, which sparked speculations of selling ETH. The concerns...