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Media company Semafor plans to return SBF's personal investment

2023-01-04 16:44:53
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ChainCatcher news, according to TheWrap, media company Semafor plans to return the investment received from SBF. It is reported that in June 2022, Semafor completed a $25 million seed round financing, with SBF participating. This funding came from SBF personally, rather than from FTX and its affiliated company Alameda Research.

A Semafor spokesperson stated that the company is working with legal agencies and government departments to ensure that SBF's creditors receive "the most ethical and responsible outcome." (source link)

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