Sam Bankman-Fried secretly handed $27 million to a major crypto news site and its CEO

Sam Bankman-Fried, former CEO of failed crypto exchange FTX, loaned $27 million to Michael McCaffrey, the CEO of crypto publication The Block, to help it stay afloat, according to a Medium post from the site’s chief revenue officer, Bobby Moran. Bankman-Fried also loaned McCaffery $16 million, some …

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