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Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows

FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

Mark Yusko, founder of Morgan Creek Capital Management, speaks at Consensus 2018. (CoinDesk archives)
Mark Yusko, founder of Morgan Creek Capital Management, speaks at Consensus 2018. (CoinDesk archives)