Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure

“Bnk To The Future pronounces that its beforehand introduced non-binding letter of intent with SALT Blockchain, Inc. (SALT) has terminated as a result of SALT’s place with FTX and for failing Bnk To The Future Due Diligence, and that the transactions contemplated thereby won’t proceed,” according to a statement. “Bnk To The Future has no affect from neither Salt nor FTX as Bnk To The Future has no direct or oblique reference to SALT or FTX and all consumer funds are totally segregated and uninvested,” the assertion added.