FTX might acquire a piece of the exchange BlockFi for $250m. The exchange's CEO Sam Bankman-Fried has reportedly helped some other firms to keep on during the bear market.
) to Voyager Digital on Wednesday aimed at covering losses from its exposure to Three Arrows Capital.that SBF said he believes Alameda and FTX “have a responsibility to seriously consider stepping in, even if it is at a loss to ourselves, to stem contagion” around the market downturn:
“Even if we weren’t the ones who caused it, or weren’t involved in it. I think that’s what’s healthy for the ecosystem, and I want to do what can help it grow and thrive.” VCs:"we'd love to help you backstop crypto firms and provide liquidity because we care deeply about preventing market contagion" also VCs:"can we please do it for the one great company and make a lot of money doing it, you can take the others k thx bye"
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