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Just In: Here’s How Celsius Bankruptcy Filing Will Benefit Goldman Sachs

Investment bank Goldman Sachs is raising $2 billion to buy troubled crypto lender Celsius’ assets as it prepares for potential bankruptcy, according to Fortune. Goldman Sachs’ investors will be able to acquire Celsius’ assets at big discounts, even if Celsius does not declare bankruptcy. Meanwhile, Celsius has hired additional restructuring lawyers from the advisory firm

The post Just In: Here’s How Celsius Bankruptcy Filing Will Benefit Goldman Sachs appeared first on CoinGape.

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Written by Varinder Singh

Goldman Sachs Likely to Raise $2 Billion To Acquire Celsius Assets, But Here’s the Catch

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