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Fahrenheit Crypto Consortium To Take Over Defunct Celsius’ Assets

The Fahrenheit crypto consortium won a bid to buy insolvent lender Celsius’ assets. So reports Investopedia.

The group, which included US Bitcoin Corp. and Arrington Capital, requires the group to put $10 million down as a deposit for the bid. The Blockchain Recovery Investment Committee and NovaWulf also made bids, with the former next in line should the Fahrenheit deal fall through.

Read the full article from Investopedia.

 

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