The bankrupt crypto lender Celsius Network has staked close to $75 million worth of ETH via the staking service Figment, on-chain data has revealed.
The massive transfer from Celsius to Figment was made via fourteen separate transactions made between May 10 and 12, and totaled some 40,928 ETH or about $74.5 million by Tuesday’s exchange rate.
The funds were sent to a smart contract labeled “Figment: Eth2 Depositor 1” by blockchain explorer Etherscan….
Read More: Bankrupt Celsius Network Channels $75 Million of Ether to Figment Staking Service – What’s Going On?