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LINK $8.64 -2.97%
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XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Insiders: Binance, Bank to the Future, and Galaxy Digital are the "secret bidders" for Celsius

2023-01-28 12:59:40
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ChainCatcher news reports that encrypted KOL Tiffany Fong claims to have obtained leaked documents regarding the Celsius bidding proposal submitted in November 2022, revealing that Binance, Bank to the Future, and Galaxy Digital are "secret bidders" for Celsius Network. Simon Dixon, CEO of Bank to the Future, confirmed that his company has submitted a bidding proposal for Celsius assets, and besides the aforementioned three companies, Cumberland DRW and Novawulf have also submitted their bids for Celsius assets.

It is reported that Bank to the Future proposed to proportionally return all liquid assets and collateral managed by Bank to the Future to Celsius creditors. Galaxy Digital's proposal indicates an intention to acquire all illiquid and staked ETH assets of Celsius for approximately $67 million, while Cumberland stated it would purchase Celsius assets, excluding CEL tokens, for about $1.8 billion. (Cryptoslate)

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