Bankrupt Celsius Gets Court OK to Hand Out $2.8 Million in Staff Bonuses
Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bills, in a tussle over who the assets belong to.
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Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bills, in a tussle over who the assets belong to.
Sam Bankman-Fried's acquisition of SkyBridge Capital means "people don't think you're going out of business," Scaramucci said.
Profits for bitcoin miners have tumbled in the face of rising electricity costs and a cryptocurrency sell-off that has sent the token to 18-month lows.
Bitcoin plunged as low $17,600 over the weekend as the mood in cryptocurrency markets continued to darken.
The investment bank now thinks bitcoin and digital assets should rebound after the great sell-off of 2021 and 2022.