Crypto lender Celsius’ bankruptcy filings reveals company in deep trouble

The bankruptcy filing has revealed some unpleasant surprises about Celsius, with a $1.2 billion deficit formed largely as a result of user deposits.

Crypto lender Celsius bankruptcy filings reveals company in deep trouble.jpg

The document signed off by Celsius CEO Alex Mashinsky has revealed that the company holds around $4.3 billion in assets against $5.5 billion in liabilities, which is representing a $1.2 billion deficit.

Read full news at : https://cryptounity.news/crypto-lender-celsius-bankruptcy-filings-reveals-company-in-deep-trouble

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