Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal

Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal


CoinGape
2022-07-01 03:37:10

Troubled crypto lender BlockFi has reportedly received a new proposal for its acquisition, said three sources familiar with the matter. This time the proposal has come from BlockFi’s Canada-based competitor Ledn challenging the already proposed bid by crypto exchange FTX. As per an earlier report, FTX is currently negotiating with BlockFi. However, as per the The post Canada-based Ledn Challenges FTX’s Bid of BlockFi Acquisition With Better Proposal appeared first on CoinGape.