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Browse: Home / Celsius

Celsius

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources

By Securities Docket on June 25, 2022, 8:35 am

Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, according to two people familiar with the matter. The proposed deal would allow investors to buy up Celsius’ assets at potentially big discounts in the event of a bankruptcy filing, the people said. Goldman Sachs […]

Posted in Industry, Top | Tagged Celsius, Goldman

Celsius Withdrawal Freeze Is Crypto’s Latest Crisis – Bloomberg

By Securities Docket on June 16, 2022, 12:06 pm

Celsius Network amassed more than $20 billion in assets with a pitch that seemed to defy the basic physics of finance. Deposit crypto coins and earn interest rates as high as 18%, tens or hundreds of times the rates on traditional savings accounts. “When you look at what the banks pay, you say to yourself, […]

Posted in Industry, Top | Tagged Celsius

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