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The Block’s VP of research: LFG’s $1 billion financing plan has failed

May 11, 2022
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Larry Cermak, vice president of research at The Block, said in a reply to netizens that LFG’s over $1 billion financing plan has failed, and as far as I know, the deal has failed.

As previously reported, Larry Cermak tweeted that LFG is seeking more than $1 billion in financing to support UST, with Jump Trading, Celsius and Jane Street committing about $700 million.

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