FTX will pay fair market value for Celsius, SBF says

FTX will pay fair market value for Celsius, SBF says

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FTX will pay fair market value for Celsius, SBF says

CryptoSlate2 months ago
CelsiusCelsius
Published on October 03, 2022 10:00 GMT+00:00edited on October 03, 2022 19:31 GMT+00:00

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FTX CEO Sam Bankman-Fried said his firm would pay a “fair market price” for Celsius’ assets if it gets involved in the bankrupt lender acquisition process in an Oct. 2 tweet.

to be clear — in Voyager, our bids are generally determined by fair market price, no discounts; goal isn't to make money buying assets at cents on the dollar, it's to pay $1 on the $1 and get the $1 back to customers.

If we were to get involved in Celsius, it would be the same.

— SBF (@SBF_FTX) October 2, 2022

Celsius investors wary of FTX purchase

Simon Dixon, the CEO of BnkToTheFuture, has expressed concerns over the possibility of Celsius assets being purchased by FTX.

Right now @SBF_FTX is raising finance at a $32Billion valuation in order to buy the assets that @Mashinsky