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Cryptopolitan 2024-01-06 09:54:20

FTX woes influence Dave’s $100 million note repurchase plan

Fintech firm Dave has announced its intention to repurchase a $100 million convertible promissory note from FTX Ventures, the venture capital arm of the now-bankrupt cryptocurrency exchange FTX. This decision emerges amidst the legal turmoil surrounding FTX, indicating a strategic pivot by Dave to distance itself from the troubled exchange. The agreement, still subject to

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