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Ripple casts eye over bankrupt crypto lender Celsius
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finextra.comThe firm, which was valued at $3.25 billion on a $750 million Series B financing round in November, allowed its 1.7 million users to deposit their bitcoin, ethereum and tether and receive weekly interest payments.According to Reuters, Ripple attorneys submitted filings last week with the bankruptcy court asking to be represented in the proceedings.A Ripple spokesperson told the newswire: “We are interested in learning about Celsius and its assets, and whether any could be relevant to our business." He offered no comment on whether the company wanted to acquire Celsius.
. Read more on finextra.comAbout this in other media
Energy firms refusing to supply small UK businesses over bankruptcy fears theguardian.com /2 years ago
Ripple’s Europe chief: Why ‘crypto bro’ culture is a problem fnlondon.com /2 years ago
Bankrupt Crypto lender Celsius Sues Former Manager Over Alleged Theft ndtv.com /2 years ago
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