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Wu Blockchain (@WuBlockchain): Bitget’s VC Foresight Ventures acquired a majority stake in The Block from former CEO Michael McCaffrey in a deal that valued the company at $70 milli…

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Bitget’s VC Foresight Ventures acquired a majority stake in The Block from former CEO Michael McCaffrey in a deal that valued the company at $70 million, according to Bloomberg. The original CEO was required to repay a large secret loan from FTX Group. https://x.com/MuyaoShen/status/1724043761389281486?s=20… Quote [@MuyaoShen](https://www.twitter.com/MuyaoShen/status/1724043761389281486) > Exclusive: Singapore-based @ForesightVen has bought a majority stake in crypto media @TheBlock__ from its former CEO, who used loaned money from Alameda Research to purchase the majority stake. with @sonalibasak @s_m_i via @crypto https://t.co/9uvXBL7as1

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