Fahrenheit to take over failed crypto outfit Celsius


New Jersey-based cryptocurrency lender Celsius Network has announced it will be bought by a consortium called Fahrenheit.
Celsius filed for bankruptcy in July 2022 – a month after it froze all transactions, and at a time when the crypto sector was rocked by trouble at big players Terraform Labs and Binance.
A late January court-appointed investigation concluded that the…

This story appeared on theregister.com, 2023-05-26.
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