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CoreWeave Founders Cashed Out $3.3 Billion Before The Meltdown

CoreWeave Founders Cashed Out $3.3 Billion Before The Meltdown Before CoreWeave imploded, its three co-founders had been busy dumping stock, a lot of it, totaling $3.3 billion since the company's March 2025 IPO. The AI cloud provider rents access to Nvidia-powered data centers that fuel the AI circular financing scheme. Its unsecured bonds due in 2032 have crossed into distressed territory, and its five-year CDS spreads have blown out as debt levels at hyperscalers and neocloud providers come into question. Michael Intrator, Brian Venturo and Brannin McBee sold $2.4 billion this...
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