Fahrenheit Wins Bid to Purchase Belongings of Bancrupt Crypto Lender Celsius

by Jeremy

The bid, although accepted by Celsius and a committee of its collectors, should nonetheless be accepted by regulators to finalize the acquisition. Months in the past, Chapter Court docket Decide Martin Glenn warned “regulatory roadblocks” may plague the sale of Celsius very like it thwarted a fellow lender’s acquisition. In April, crypto change Binance.US abruptly terminated its buy of bankrupt crypto lender Voyager’s $1 billion in belongings after federal officers appealed the sale, citing the “hostile and unsure regulatory local weather” within the U.S.

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