Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX’s BlockFi bailout, since it could wipe out BlockFi shareholders (Tracy Wang/CoinDesk)

Tracy Wang / CoinDesk:Leaked investor call: BlockFi backer Morgan Creek Digital aims to raise $250M to counter FTX’s BlockFi bailout, since it could wipe out BlockFi shareholders  —  FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders …