The Block CEO resigns after failure to disclose loans from Bankman-Fried’s Alameda

The Block CEO resigns after failure to disclose loans from Bankman-Fried’s Alameda

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The Block Chief Executive Officer Michael McCaffrey resigned after failing to disclose a series of loans from disgraced former FTX head Sam Bankman-Fried’s Alameda Research. He was the only person with knowledge of the funding at the company. Bobby Moran, The Block’s chief revenue officer, will…

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