.SBF_FTX’s Alameda Research secretly funded crypto media site The Block, the company confirmed on Friday. Its CEO immediately resigned. By NelWang
The Block’s CEO Michael McCaffrey resigned after the loans came to light. The company said no one at the company had any knowledge of the loans except for McCaffrey. According to The Block, McCaffrey received three loans for a total of $43 million from 2021 through this year.
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