To win the Blockfolio deal, FTX nearly paid $84 million in 2020. Former FTX CEO released on bail. The US SEC labeled FTX native token FTT as security. After the FTX bankruptcy, new facts about the ers...
Tag: Blockfolio
FTX Completed the Blockfolio Deal Mainly in FTT Tokens: Report
The collapsed cryptocurrency exchange FTX reportedly paid 94% of the $84 million purchase of a majority stake in Blockfolio in FTT tokens. The coin played a leading role in the platform’s crash last ...
FTX funded most of Blockfolio takeover using FTT token
The FTX crypto exchange network reportedly funded a large part of the Blockfolio takeover using the FTT token. There have been ongoing allegations that the exchange has been making fraudulent purchase...
FTX funded 94% of Blockfolio takeover with its FTT token: Bloomberg
When now-defunct crypto exchange FTX acquired the portfolio tracking platform Blockfolio in 2020, it used its own exchange token, FTT, to fund the takeover, according to Bloomberg. Roughly 94% o...
Pantera Capital’s exposure to FTX is from its Blockfolio investment
Crypto investment firm Pantera Capital has limited exposure to collapsed crypto exchange FTX, despite its wide range of portfolios, according to a letter from Pantera Capital partner Paul Veradittakit...