Sam Bankman-Fried Hedges on Whether FTX Will Make a Bid for Celsius

Oct 12,2022
KingData News: FTX’s Sam Bankman-Fried discussed the firm’s role in recent bankruptcies, addressing possible moves around future restructurings. He said the firm hopes to start returning funds to Voyager customers “very soon.” He hasn’t ruled out a bid for Celsius, but said he has yet to do a “deep dive” into the possibility.
On June 13, digital asset lending platform Celsius Network announced that it would suspend all withdrawals, swaps and transfers between accounts due to extreme market conditions. On the same day, Etherscan data showed that Celsius transferred a total of approximately 111,815 ETH to FTX over the last three days. This indicator provides a real-time tracking of Celsius' funding crisis.