distressed

Tweets by former FTX CEO Sam Bankman-Fried are raising various speculations on Twitter SEC after Sam Bankman-Fried? In less than a week, the cryptocurrency billionaire Sam Bankman-Fried went from industry leader to industry villain, lost most of his fortune, saw his $32 billion company plunge into bankruptcy, and became the target of investigations by the Securities and Exchange Commission and the Justice Department. The latest tweet at the time of writing, posted by Bankman-Fried at 5:30 am UTC on Nov. 15, is…

Tracy Wang / CoinDesk: Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy — The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt. Tracy Wang / CoinDesk: Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a…