bidders

FTX creditor Arush disclosed on social media that there were three final bidders with financial strength for the FTX 2.0 reboot project, but they were ultimately rejected by the bankruptcy lawyers.Arush revealed that he was recruited by Arj to be responsible for the FTX 2.0 reboot bidding, and his consortium became one of the three final bidders. The three bidders were: Arj/Tribe in partnership with an undisclosed public exchange; Thomas Farley's Bullish; and Mike Cagney's Figure.According to him, each bidding proposal included significant equity components, which could have brought hundreds of billions of dollars in value to FTX creditors.

ChainCatcher news, according to Bloomberg, FTX is considering proposals from three bidders to restart the exchange and will make a decision on how to proceed by mid-December. Currently, FTX is negotiating with investors regarding the details of a potentially binding offer.Possible options include selling the entire exchange, which includes a list of over 9 million customers, or bringing in partners to help restart the exchange. FTX is also considering restarting the exchange on its own. FTX and its main creditor group have preliminarily resolved some disputes in the case, which will allow them to submit a detailed payment plan in December.

According to ChainCatcher, citing sources familiar with the matter, Block.one's cryptocurrency exchange Bullish is one of the parties bidding for the bankrupt trading platform FTX. In addition to Bullish, Tribe Capital has also made its own acquisition offer, with its venture capital portfolio including FTX. Currently, there are 75 bidders for FTX. The deadline for new bids is September 24.

ChainCatcher news, the official committee of unsecured creditors of Celsius stated that the auction will be held on April 25, with three bidders including digital asset investment firm NovaWulf, Fahrenheit, LLC, and the Blockchain Recovery Investment Committee.Among them, Fahrenheit, LLC is directly or indirectly owned by Arrington Capital, US Data Mining Group, and others. The Blockchain Recovery Investment Committee includes Van Eck Absolute Return Advisers Corporation, Global X Digital, and others.Previous report, digital asset investment firm NovaWulf plans to take over all assets of Celsius and transfer them to a new company after its creditors are paid. (Source link)

ChainCatcher news, according to a tweet from an FTX creditor (@sunil_trades), the renowned investment bank Jefferies is in contact with potential bidders for FTX, hoping to restart FTX.Zhu Su responded, "FTX 2.0 will revitalize capital and give those whose capital is trapped a second chance." (source link)

ChainCatcher news, Yuga Labs announced that the auction for the NFT series TwelveFold based on the Ordinal protocol has begun and will end before 7:00 on March 7, 2023. According to official data, the current highest bid for the series is 0.59 BTC (approximately $13,000).It is reported that on February 28, Yuga Labs announced the launch of the NFT series TwelveFold on the Bitcoin blockchain based on the Ordinals protocol. The series will consist of 300 limited edition generative art pieces, each inscribed on the Bitcoin blockchain. Each NFT piece is a 12x12 grid, combining 3D graphics and hand-drawn features, designed and created by Yuga Labs' internal art team. The company stated that TwelveFold is not associated with any of its IP on the Ethereum chain and will not have any interactions in the future. (source link)

ChainCatcher news reports that encrypted KOL Tiffany Fong claims to have obtained leaked documents regarding the Celsius bidding proposal submitted in November 2022, revealing that Binance, Bank to the Future, and Galaxy Digital are "secret bidders" for Celsius Network. Simon Dixon, CEO of Bank to the Future, confirmed that his company has submitted a bidding proposal for Celsius assets, and besides the aforementioned three companies, Cumberland DRW and Novawulf have also submitted their bids for Celsius assets.It is reported that Bank to the Future proposed to proportionally return all liquid assets and collateral managed by Bank to the Future to Celsius creditors. Galaxy Digital's proposal indicates an intention to acquire all illiquid and staked ETH assets of Celsius for approximately $67 million, while Cumberland stated it would purchase Celsius assets, excluding CEL tokens, for about $1.8 billion. (Cryptoslate)