Founder’s Gambling ‘Struggles’ Spur Crippling Loss at Crypto Casino Backed by Galaxy

Founder’s Gambling ‘Struggles’ Spur Crippling Loss at Crypto Casino Backed by Galaxy

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Source: Coindesk.com

It's a tale as old as crypto, and maybe finance itself: One little money mistake leads to another, and suddenly a company founder is down a deep hole, with investors clamoring for their funds back.

In this case one of the investors is Galaxy, the prominent crypto firm headed by former Goldman Sachs and Fortress Investment Group

Read More https://www.coindesk.com/tech/2024/07/15/founders-gambling-struggles-spur-crippling-loss-at-crypto-casino-backed-by-galaxy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Founder's Gambling 'Struggles' Spur Crippling Loss at Crypto Casino Backed by Galaxy" appeared first here Coindesk.com.

Source: Coindesk.com

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