Cryptoknowmics
2022-11-16 08:49:47

BnkToTheFuture Suspends Plan to Buy Crypto Lender Salt Lending

Salt Lending, a cryptocurrency lender, has fallen prey to the cryptocurrency epidemic sparked by the bankruptcy of FTX. BnkToTheFuture, an online investment platform, stated that Salt Lending’s exposure to the FTX caused it to suspend its previously disclosed non-binding statement of intention to buy Salt Lending. Bnk To The Future announces termination of LOI with SALT Blockchain, Inc.https://t.co/MOIbN6dkTh pic.twitter.com/67VATURsJa — BnkToTheFuture (@BankToTheFuture) November 15, 2022 BnkToTheFuture Non-Binding Letter BnkToTheFuture states that its previously disclosed non-binding written contract with Salt Lending has dissolved owing to SALT’s stance with FTX and for violating BnkToTheFuture Due Diligence, and that the operations anticipated, therefore, The post BnkToTheFuture Suspends Plan to Buy Crypto Lender Salt Lending appeared first on Cryptoknowmics-Crypto News and Media Platform .

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