BlockFi's 

$9 million Cashed out

By Aman jain 11.1.2023

Zac Prince withdraw $9 million of amount from the company on an FTX support loan

BlockFi's

The amount is taken out to pay the taxes of US federal and State tax.

BlockFi's

FTX loaned BlockFi collapsed and they took $400 million last year to save the firm.

BlockFi's

His holding also dropped from $2.5 million to $1.37 million after the 2022 year

BlockFi's

FTX filled for Bankruptcy in December 2022 after they faced huge losses due to the Crypto crash

BlockFi's

The investor lost a huge amount in the market and the FTX platform is the biggest reason

BlockFi's

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