Do you have any information about NovaWulf? No? I don't either. Recently bankrupt scam company Celsius has announced that NovaWulf's bid has been won.
What the hell is NovaWulf?
The only information available about this new company is that it is an SEC-registered blockchain and digital asset investment company. On its website, it has written a lot of blah blah in its praise. Well, what does it have to do with us? Every site does this.
This metter is suspicious that a new company, which bid only 25% of the bankruptcy value of Celsius, is having its bid accepted. On top of it being registered with the SEC, this is not going down the throat of the crypto sector.
Returning of Assets Possibility
According to plan, NovaWulf will invest $50m, creditors with less than $5k will get 70% of their funds back, and big creditors (more than $5k) will become shareholders of the company.
Only time will tell if NovaWulf would reimburse Celsius's current investors for their investment. But will you make a purchase?- This, your selection will reveal.