The Block founder says he’s exploring ways to get the publication into ‘trustworthy’ hands

Crypto news publication The Block announced today that its CEO, Michael McCaffrey, has resigned after failing to disclose a series of loans from former FTX CEO Sam Bankman-Fried’s company Alameda Research. Axios first reported the news.
The capital was used in part to finance an employee-led buyout of the company, among other more extracurricular activities.
McCaffrey will be replaced by the company’s chief revenue officer, Bobby Moran, effective immediately, according to a statement. “No one at The Block had any knowledge of this financial arrangement besides Mike,” Moran wrote.
McCaffrey con

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