FTX refuses to buy Celsius
The exchange’s experts have identified a discrepancy worth $2 billion in the platform’s balance sheet
03.07.2022 - 06:30
353
2 min
0
What’s new? Cryptocurrency exchange FTX has refused a deal with Celsius that would have involved buying the platform or providing it with financial support to deal with the freezing of customer funds amid the market crash on June 13. The Block’s sources reported that while looking at Celsius’ finances, the exchange’s experts discovered a discrepancy worth $2 billion in its balance sheet. Earlier, investment bank Goldman Sachs announced plans to raise $2 billion to buy out Celsius’ assets.
Celsius situation. Regulators in five US states launched an investigation into Celsius following the suspension of withdrawals. The company hired experts from Citigroup’s investment bank to find new sources of financing and lawyers from Akin Gump to conduct restructuring.
Celsius shareholder, BnkToTheFuture CEO Simon Dixon, later proposed three options to restore the platform: two of them involve restructuring and relaunching, while the third is to raise funding from the community and large bitcoin holders.
In May, Celsius’ representatives said that it had $12 billion in assets under management and 1,7 million customers using the platform.
As of July 2, 12:20 UTC, the platform’s native token CEL is trading at $0,6, having gained 1,5% in 24 hours, according to CoinGecko.
Useful material?
Telegram 
Twitter Trends
Earlier, the French division of the network began accepting payments in bitcoins
Mar 29, 2023
Crypto regulations
The presidential decree obliges the leadership of the High-Tech Park to develop a concept for the development of the token sphere by July of next year
Mar 29, 2023
Incidents
The service team urged users to be more careful in the coming days in connection with the possible activation of scammers
Mar 29, 2023
Market
The law firm’s experts have called on Congress to end illegal pressure on the digital asset industry
Mar 29, 2023
Incidents
The attack affected the asset’s liquidity pool paired with BNB
Mar 29, 2023
Incidents
The phishing site offers potential victims to link a wallet to check the possibility of receiving the asset
Mar 29, 2023
Cryptocurrency rates
-
Bitcoin
$28 417
BTC
+6.03%
-
Ethereum
$1 813.91
ETH
+5.48%
-
Ripple
$0.57
XRP
+17.32%
-
Cardano
$0.39
ADA
+11.27%
-
Dogecoin
$0.08
DOGE
+5.34%
-
Polkadot
$6.26
DOT
+6.88%
-
Litecoin
$92.04
LTC
+6.66%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$158.27
XMR
+2.77%
-
Stellar
$0.11
XLM
+13.56%