Cryptocurrencies
Crypto Billionaire Bankman-Fried Eyeing Bid for Celsius Assets
- Sam Bankman-Fried’s FTX just won an auction for Voyager assets
- Bankman-Fried had previously passed on bailing out Celsius
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Sam Bankman-Fried, the crypto billionaire who has been bailing out distressed industry players in recent months, is considering bidding for the assets of bankrupt lender Celsius Network, according to a person familiar with his deal-making.
FTX is also in the process of raising a $1 billion funding round, the same person said. That round hasn’t closed yet or been made public.