FTX’s New Target Celsius Network: Deals with Assets of Company Filing for Bankruptcy

Sam Bankman-Fried, CEO of FTX, which has acquired several financially struggling companies during the ongoing decline in the crypto industry, is dealing with the assets of Celsius Network, which has filed for bankruptcy, according to recent reports.

Sam Bankman-Fried, a source close to FTX, said in a report released Sept. 27 by Bloomberg. with the assets of Celsius information of interest. Source, also FTX 1 billion reported that it is in the process of acquiring a $ investment.

Celsius, which filed for bankruptcy in July, said in addition to its loan business, Bitcoin (BTC) mining and crypto custody services was also interested in. CEO Bankman’s companies FTX or Alameda Research whether to buy Celsius via not yet official.

Celsius 2022, which started in the sector in June and July from liquidity crises influenced by chapter 11 He had to go to the restructuring court. Before the company goes into restructuring 716 million He had paid off his dollar debt and gained the trust of his customers.

On the other hand, FTX CEO Sam Bankman-Fried turned the liquidity crisis into an opportunity. operationally good but financially in trouble Diversified and expanded its assets by acquiring many companies. Last company acquired by Bankman-Fried Voyager Digital it happened.

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