Wu said: Blockchain media The Block is selling its shares for about 60 million USD
According to ChainCatcher news, Wu said that the blockchain media The Block is selling more than 50% of its shares, valued at approximately $60 million, and has currently communicated with several interested parties. Earlier, Alameda loaned $27 million to Michael McCaffrey for the acquisition of The Block; it is unclear whether this sale of shares is related to repaying Alameda's debt. The Block CEO Larry denied this information to Wu said blockchain.
Meanwhile, CoinDesk is also selling shares worth $125 million held by DCG, with a total valuation exceeding $200 million.
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