Fahrenheit Acquires Assets of Crypto Lender Celsius
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Fahrenheit buys Celsius Network with $2B assets and buys Celsius assets for $10B in 3 days. Arrington capital of U.S Bitcoin Corp wins ‘Fahrenheit consortium’ auction. Blockchain Recovery Investment Consortium involves Van Eck Absolute Return Advisers Corporation and GXD Labs LLC as backup, not NovaWolf. The new company invests in 100-megawatt plant USBTC mining, sales hurdle warned by a judge. Binanace refrained and ended the voyager partnership and the crypto slump caused Celsius to fall also crypto fall. The judge notes Celsius’s problem, Celsius bankrupt from the crypto crash.
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