
FTX CEO Sam Bankman-Fried Mulls Acquiring Celsius Assets
Sept 29,2022
5301Summary:
- According to Bloomberg News, Sam Bankman Fried may recover assets from the bankrupt encryption loan company Celsius.
- SBF has already invested in Voyager Digital assets with a huge transaction of 1.4 billion dollars.
- Celsius is a relatively stable whole process of recombination and repair after bankruptcy earlier this year.
- According to the news, CEO Alex Mashinsky resigned on Tuesday, which is also part of the whole process.
Sam Bankman Fried, CEO of the encryption trading center FTX and sister enterprise Alameda, may bid for Celsius assets, because this desperate encryption lender is dealing with the cost of encryption crash and bankruptcy
Celsius made headlines after it suspended withdrawal, savings and related businesses in July, which was a few weeks after Terra went bankrupt in May. Since then, the company has applied for bankruptcy maintenance and employed a re combination lawyer to help repair
On Tuesday, CEO Alex Mashinsky also left due to settlement anxiety and repair plan
Sam Bankman Fried Eyes Celsius Assets After Voyager ScoopSam Bankman Fried started a series of qflp behaviors for encryption enterprises in May after Terra's. SBF's Alameda, which has control, has brought application to the struggling crypto artist company Voyager Digital. The company's credit line for the circular system in USDC exceeded 200 million dollars and won 15000 high-value BTC (BTC) loans.
As a part of the enterprise repair plan, Traveler's assets have been auctioned recently. It is noteworthy that SBF has won about $1.4 billion worth of assets from crypto artist brokers. Bloomberg News reported on Wednesday that SBF may adopt similar measures for Celsius and its assets.
At this stage, Celsius operates encryption hosting services and a large number of BTC mining businesses. An insider representative, Sam Bankman Fried, can take this asset as the overall goal to fill its crypto trading online trading platform.
By the time of submission, Sam Bankman Fried had not determined the intention of recovering the assets of Celsius. However, the encryption billionaire was once reported that its enterprise had 1 billion dollars in cash for recycling
In addition, FTX also closely focuses on raising new assets according to a round of financing. According to the news, the trading center may raise as much as 1 billion dollars in the fundraising activities again.