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Sam Bankman-Fried Considering Buying Celsius Property

Sam Bankman-Fried is considering buying the assets of the bankrupt Celsius Network. Now FTX is also running a previously undisclosed $1 billion funding round. The acquisition activity followed shortly after FTX US successfully acquired Voyager’s assets on September 26.

As updated in a previous Coincu News article, on September 26, FTX US successfully acquired the assets of bankrupt crypto company Voyager Digital with the highest bid of around $1.4 billion.

According to Bloomberg, September 27, FTX CEO Sam Bankman-Fried continues to be said to be considering a bid for the assets of the bankrupt Celsius Network.

The news agency also revealed never-before-seen information that the company FTX is also working to close a $1 billion funding round, from an unnamed source.

Cryptocurrency company Celsius yesterday also saw the resignation of former Celsius Network CEO Alex Mashinsky after the company’s creditors committee called for his removal.

“Crypto Winter” doesn’t seem to exist in FTX’s dictionary. Billionaire Sam Bankman-Fried’s company not only stands firm in the market, but also continuously expands with acquisitions.

Celsius’s native token, CEL, fell below $1.40 following the news of Mashinsky’s departure. However, the digital asset rebounded to $1.48, up 0.74% in 24 hours.

24h CEL price chart. Source: CoinMarketCap

Coincu will continue to update the situation related to SBF, you can find out more information through this article.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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