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Bitcoinist

2022-12-02 18:42:24

Why Galaxy Digital Purchased Assets Auctioned In Celsius Network’s Bankruptcy

Why Galaxy Digital Purchased Assets Auctioned In Celsius Network’s Bankruptcy

Crypto lender Celsius Network is undergoing the auction of its assets as part of the bankruptcy proceedings. The company was affected by the collapse of the Terra (LUNA) ecosystem and hedge fund Three Arrows Capital (3AC). Related Reading: Bitcoin At $500K No Longer Possible, Galaxy Digital CEO Says, As He Backtracks While Celsius was forced

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