Ryan Reynolds-backed fintech’s FTX ties create risk, says short-seller Spruce Point
Spruce Point appears to also view Nuvei’s hiring of FTX’s former global head of payments, Adam Cole Jacobs, with pronounced skepticism.
“Based on our investigation, we find that he advised multiple defunct companies with ties to known stock promoters with a list of unsavory allegations," the report said.The company did not immediately respond to requests for comment. Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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