Offer to Celsius from five companies, mainly Binance and Galaxy Digital

Offer to Celsius from five companies, mainly Binance and Galaxy Digital

According to information leaked by crypto blogger Tiffany Fong, Binance five crypto companies, including exchange Bank To The Future and Galaxy Digital Celsius Networkaspire to crypto assets of .

After the FTX crash Sam Bankman-Fried After several exclusive interviews with Fong, Celsius followed the developments. Fong said he has a list of companies bidding for Celsius.

In a Substack post, Fong stated that he initially did not want to leak the information so as not to disrupt the bidding process, but was asked to do so after Celsius’s lawyers clarified.

Fong said, “I refrained from sharing the bids with the public in order not to disrupt the tender process or disrupt the customer’s recovery. But at yesterday’s Celsius Network hearing, Kirkland & Ellis Attorney, Ross M. Fong, Kwasteniet said the proposals were not compelling.”

Among the bidding companies, Fong explained, cryptocurrency exchange Binanceonline investment platform Bank To The Future, digital asset investment manager Galaxy Digitalcrypto firm Cumberland DRW, and digital asset investment firm NovaWulf.

According to Fong, the proposals of the aforementioned crypto companies were submitted in November 2022.

According to Fong’s blog post, Binance’s bid for Celsius assets is $15 million. However, $12 million Celsius property, and the remaining $3 million will be distributed to victims of Celsius.

Galaxy Digital and all illiquid and staked Ethereum (ETH) made a purchase offer. This amount corresponds to approximately 67 million dollars.

However, Fong said that only five companies have made offers for Celcius.

You may be interested in: Celsius signs with 30 entities that can bid on assets

The proposal from digital asset investment firm NovaWulf is said to be particularly interesting. Because it was noted that NovaWulf and Celsius Network have similarity to the new configuration plans.

Soruce :

Leave a comment

SMM Panel PDF Kitap indir