Anonymous messages in turmoil! Rumors of BlockFi being acquired by FTX for $25 million, founder: Absolutely not the case

During the bear market, many companies were affected by the LUNA incident and 3AC, with the financial crises of lending platforms Celsius and BlockFi becoming the center of attention. The exchange FTX is frequently mentioned in the media, with "news" indicating ongoing acquisition talks, even including the online brokerage platform Robinhood.

Many companies have been affected by the LUNA incident and the fallout from 3AC in the bear market, with the financial crises of lending platforms Celsius and BlockFi becoming the center of attention. The exchange FTX is frequently mentioned in the media, with rumors circulating about potential acquisitions, including even online brokerage platform Robinhood.

CNBC reported on the 30th that sources indicated FTX is in talks to acquire the troubled BlockFi for $25 million, with a signing expected over the weekend. However, BlockFi's previous valuation was $4.8 billion, making the $25 million offer a significant devaluation.

Previously, in an interview with Forbes, the founder of FTX mentioned that FTX and its quantitative trading firm Alameda collectively provided $750 million in credit lines to Celsius and BlockFi. SBF stated that he was willing to make some not-so-great trades at this time to stabilize the situation.

However, BlockFi CEO Zac Prince denied the rumor, stating, "I can confirm 100% that we did not sell for $25 million. Please only trust official statements from us, and we will update everyone as soon as possible."

Although Zac Prince denied the authenticity of the price, he did not deny the possibility of an acquisition, indicating that the market will soon see the outcome.

On the other hand, there are reports from sources that FTX also expressed interest in discussions with Celsius, but backed out due to a $2 billion hole in Celsius's balance sheet. Last year, Celsius raised $750 million with a valuation of $3.5 billion.

A series of anonymous tips may be part of the bargaining tactics between buyers and sellers; previously, Musk hinted at acquiring Twitter, showing resistance, complaining about inaccurate information from the seller, and Twitter retaliating and clarifying the allegations. The saga of acquisitions and sales is likely to continue dominating headlines for a while in the bear market.