Sam Bankman-Fried Plans to Bid for Celsius Assets: Report

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Sam Bankman-Fried Plans to Bid for Celsius Assets: Report
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CEL pumped briefly after the news to a multi-week high, but retraced just as sharply along with the rest of the market.

FTX founder and CEO Sam Bankman-Fried could be bidding for the assets of beleaguered cryptocurrency lender Celsius shortly after winning the bid for Voyager Digital’s assets.

This comes just following the resignation of Alex Mashinsky – the former CEO of the struggling lender., an anonymous source revealed the news, adding that FTX is also planning to raise $1 billion in a new funding round.the auction for the assets of struggling crypto firm Voyager Digital, which has an estimated worth of about $1.4 billion. FTX beat bidders like Binance to emerge the winner.

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