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PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the decision was predictable.
Private investors are closing in on a $125 million dollar deal for the media company, which parent company Digital Currency Group would keep a stake in.
According to the Wall Street Journal, a group led by blockchain investors Matthew Roszak of Tally Capital and Peter Vessenes of Capital6 are "nearing a $125 million deal for CoinDesk".
Contrary to previous reports, FTX's Sam Bankman-Fried is the one who allegedly pulled out of the deal with Swift after she had signed.
Binance, Binance.US and the U.S. securities regulator announced a deal to ensure that only Binance.US employees could access customer funds in the short term, CoinDesk reported on Saturday, citing a... | June 17, 2023