Crypto Lender BlockFi Believed Alameda Was Solvent, CEO Zac Prince Testifies

  • October 15, 2023

Before collapsing in November 2022, Alameda had about $800 million to $850 million of outstanding loans from BlockFi, Prince said, and $650 million remained after Alameda’s demise. Alameda even posted additional collateral in the form of FTT as well as Robinhood and shares of a Grayscale trust, Prince recalled.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *