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TEXXR

Chronicles

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Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from crypto lender Celsius Network in the event of a bankruptcy filing

The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.

CoinDesk Tracy Wang

Discussion

  • @iiicapital @iiicapital on x
    Celsius locked your Bitcoin so Goldman could buy them at a discount. https://www.coindesk.com/...
  • @thegemhunters @thegemhunters on x
    Does this sound like institutions think crypto is gonna die? https://www.coindesk.com/...
  • @nikhileshde Nikhilesh De on x
    Huh what https://twitter.com/...
  • @azeemk_ @azeemk_ on x
    Goldman Sachs raising money to buy Celsius is a major bull signal long term for crypto.
  • @scottmelker @scottmelker on x
    I didn't have Goldman Sachs buying Celsius on my bingo card. https://twitter.com/...
  • @lionelralaurent Lionel Laurent on x
    So: - Goldman is reportedly helping find investors for Celsius - Citigroup is reportedly advising Celsius on possible bankruptcy - JPMorgan is reportedly struggling to find new investors for BlockFi Wall Street's big crypto bet: restructuring fees in $ https://www.coindesk.com/..…
  • @macaesbruno @macaesbruno on x
    Guess the crash has been called off https://twitter.com/...
  • @mdudas @mdudas on x
    blood in the water, sharks circling https://www.google.com/...