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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