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Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

By Jack Schickler, Elizabeth Napolitano|Edited by Sandali Handagama

Updated May 26, 2023, 6:08 p.m. Published May 25, 2023, 6:38 a.m.

Fahrenheit won the auction for bankrupt crypto lender Celsius (Pixabay)