Fat Pig Signals logo

Utoday: Celsius Has $1.2 Billion Hole in Balance Sheet

Shares

Utoday: Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection

Celsius CEO Alex Mashinsky has admitted that the company had a $1.2 billion hole in its balance sheet gap, according to the company’s bankruptcy documents. It was previously rumored that the huge balance sheet hole was the reason why cryptocurrency exchange FTX passed on the deal to acquire Celsius. The beleaguered crypto lending firm has $4.3 billion worth of assets and $5.5 billion worth of liabilities.

Read more on U.Today https://u.today/celsius-has-12-billion-hole-in-balance-sheet-ceo-reveals

Shares

Related Articles

Bollinger Bands

Bollinger Bands: How to Easily Spot Trading Opportunities

Learn the power of Bollinger Bands to spot trading opportunities with confidence. Learn how to read volatility, momentum, and market psychology for smarter trades.

Understanding the OpenSea Wells Notice: What it Means for NFTs and the Market

In recent news, the U.S. Securities and Exchange Commission (SEC) issued a Wells notice to the popular NFT marketplace, OpenSea. This development has significant implications for the digital art and NFT space, highlighting the regulatory uncertainties that continue to loom over the industry. What is a Wells Notice? A Wells notice is a notification from […]
Fat pig signals and utoday partnership

Fat Pig Signals Service Starts Broadcasting U.Today Content in Newsfeed

Expert and professional traders use covered call options as a method of low-risk to enhance their Bitcoin holdings. Let us take a look at how they do it in detail.
PHISHING WARNING: Please make sure you’re visiting https://www.fatpigsignals.com. There has been an increasing amount of scammers and Impersonators. Please verify the handles carefully as well. Admins will never contact you selling investment products or a fund.
Official Admin Contacts: https://t.me/dad10 and https://t.me/gangplank123
+