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Thursday, August 8, 2024
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    HomeFinanceBlockFi CEO Ignored FTX and Alameda Publicity Dangers Contributing to Collapse: Lawsuit

    BlockFi CEO Ignored FTX and Alameda Publicity Dangers Contributing to Collapse: Lawsuit

    Zac Prince, CEO of bankrupt crypto-lending agency BlockFi, allegedly ignored the corporate’s danger administration group’s recommendation on asset lending to Alameda Analysis.

    In response to the July 14 choice of the Committee of Unsecured Collectors. submitting in the US Chapter Court docket for the District of New Jersey, BlockFi’s danger administration group. reported concerning the “important danger” related to property lending in Alameda. Prince reportedly dismissed the group’s issues about BlockFi lending to Alameda via 2021. August. 217 million

    Proceed studying Coin Telegraph.

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