SBF considering Celsius bid: Bloomberg

FTX CEO Sam Bankman-Fried is considering bidding on bankrupt Celsius Network’s assets, Bloomberg reported late Tuesday.

The cryptocurrency exchange is also working on closing a $1 billion funding round that has not yet been announced, the business news outlet also reported, citing a person familiar with the matter. 

Now-former Celsius Network CEO Alex Mashinsky stepped down earlier on Tuesday after the company’s creditor committee called for his removal.

Celsius’ native token, CEL, plunged below $1.40 following the news of Mashinsky ‘s departure. However, the digital asset bounced back more than 15% from its lowest 24-hour point after the Bloomberg report, CoinDesk reported late Tuesday. 

FTX won an auction for Voyager Digital’s assets on Sept. 26, with a bid coming in at about $1.4 billion.

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