Goldman Archives - Cryptolifedigital

Due to the general condition in the crypto market, several yield-generating platforms that offer investor attractive interest payments on their crypto deposits has been engulfed including Celsius Network. As reported by the closer sources to the matter, Goldman Sachs is interested in buying Celsius’ assets at a massive discount to the market price if the platform files for bankruptcy. Goldman is gauging profit and seeking commitments from web3 crypto funds, funds specializing in distressed assets, and traditional financial institutions with over sufficient cash on hand. Read Also: Shiba Inu Is Up Above 11% At $0.0000115 In The Last 24 Hours And Up Around 41% In The Week Filing Celsius for bankruptcy will result in selling the majority of assets deposited with the platform whic...

As stated in a Thursday report by the Financial Times, Goldman Sachs boss David Solomon had a closed-door meeting with FTX founder Sam Bankman-Fried in the Caribbean in March. The hallmark of the meeting was to forge closer ties between one of the largest banks and the upstart cryptocurrency exchange. According to people familiar with the matter, the discussion was mainly aimed at regulatory issues in the U.S. Goldman is willing to aid FTX to engage with American regulatory agencies, including the Commodity Futures Trading Commission (CFTC). Read Also: Bitcoin Tribalism Holds the Entire Crypto Market Back Says Ripple CEOOn top of that, Solomon also expressed his willingness to provide traditional banking services for the exchange. The two also discussed FTX’s...

Tag: Goldman

Goldman Sachs To Buy Celsius’ Asset At A Huge Discount To Market Price

Goldman Sachs Boss Had A Meeting with FTX CEO Ahead of Potential Public Debut