Failed Crypto-Lender Celsius Auction Attracts Arrington, Gemini
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Failed crypto lender Celsius Network Ltd. has attracted two new bidders in a three-way auction set for Tuesday, according to a Saturday filing by Kirkland & Ellis, which is overseeing the bankruptcy.
Joining an earlier bid by NovaWulf Digital Management to manage a restructured version of the bankrupt cryptocurrency company are Fahrenheit LLC, a consortium backed by Techcrunch Inc. founder Michael Arrington, and Blockchain Recovery Investment Committee, backed by Gemini Trust, run by the Winklevoss twins, and exchange-traded fund manager Van Eck Absolute Return Advisers Corporation.