Celcius announced on Twitter that it had FTX contracts locked in for $1.3 million worth of SRM. Additionally, it disclosed that it had undercollateralized loans totaling $13 million to Alameda Research that are secured by the FTT token.
Celsius also stated that it has been “closely monitoring” the developments and that it has kept in touch with all relevant parties. It said in its statement that its work to maximize stakeholder value remains as its only priority.
Both Celsius and FTX shared a deep relationship. FTX proposed to acquire Celsius after the transactions were halted in June but dropped the plan after getting familiarised with Celsius’ financial circumstances. In an ironic twist, FTX suffered an identical outcome last week after Binance aborted its plan to save the exchange after discovering the severity of its losses.
As for Voyager, it revealed that current events had an impact on the company’s own bankruptcy. In July, Voyager went into bankruptcy, and in the months that followed, $1.4 billion worth of assets were auctioned off.
Voyager also reported that it has recalled loans worth 6,500 BTC ($110 million) and 50,000 ETH ($845 million) from Alameda Research. Voyager stated that at this time, there are “no loans outstanding with any borrower.”
Voyager claims it still has $3 million in cryptocurrency bound in contracts at FTX, mainly in the form of Terra (LUNA) and Serum (SRM) tokens. This indicates that Voyager remains slightly vulnerable to the bankrupt company.
Other businesses, such as Circle, Tether, and Coinbase, have denied any connection to FTX. Bitvo, Silvergate, and Animoca Brands have all admitted to having been minimally involved.
