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SBF: Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort

FTX is “willing to lose a little” in its role as lender of last resort, Bankman-Fried said. He noted that $70 million of the loan worth approximately $500 million Bankman-Fried’s Alameda Research made to Voyager Digital was junior to customer assets and could be lost.

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Source: Cryptocurrency - investing.com

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