BlockFi said CEO cashed out nearly $10 million as FTX loan stabilized clients

Bankrupt crypto lender BlockFi said its CEO cashed out close to $10 million from the platform to pay taxes last year as FTX provided about $15 million in payments to certain insider accounts as part of a confidential settlement. Thanks to a $400 million loan from FTX, CEO Zac Prince was able to…#ftx #disclaimerbeginning #sambankmanfried #zacprince #blockfi #alameda #blockcryptoinc #michaelmccaffrey
Source: Reuters: Health - Category: Consumer Health News Source Type: news