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In A Massive Announcement

In a massive announcement, it was reported that FTX is closing a deal to buy BlockFi for a major discount below their previous estimated $5 billion valuation at peak.

FTX acquires BlockFi for “pennies on the dollar”, states CNBC. The deal is expected to be finalized by the end of the week. After the news of Musk taking over Twitter

FTX reaches settlement with BlockFi, may pay up to

Sam Bankman

Crypto Giant FTX Close to Acquiring BlockFi for $25

Sam Bankman-Fried's FTX is expected to finalize the BlockFi acquisition deal for $25 million this week.

FTX agrees deal with option to buy BlockFi for up to

Ftx On Thursday Closed An

FTX Reaches Deal To Acquire BlockFi for up to $240M

FTX on Thursday closed an anticipated deal with BlockFi to acquire the troubled crypto lender for up to $240 million, depending on the startup’s performance triggers.

Reportedly, FTX will Acquire BlockFi for $25 Million in a Fire Sale

FTX Buys BlockFi But Passes On Acquiring Celsius - Bitcoin Magazine

FTX Reported to Close in on Buying BlockFi for $25 - CryptoPotato

FTX Is Likely to Finalize BlockFi Acquisition This Week for $25 Million

Crypto Exchange Ftx Is Reportedly

Crypto exchange FTX is reportedly finalizing terms to buy out the embattled crypto lending platform, BlockFi. However, the exchange is offering just $25 million – a 99%