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

How to Read Volume Profile for Crypto Trading Signals

Learn how to read Volume Profile for crypto trading signals. Master POC, VAH, VAL, HVN & LVN to spot high-probability bounces, breakouts, and entries.
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.
aave on base network

Aave V3 Goes Live on Base Network: What You Need to Know

Aave V3 Goes Live on Base Network: What You Need to Know Aave, one of the leading decentralized finance (DeFi) protocols, has recently announced the deployment of its highly anticipated V3 iteration on the Base network. Base is a Layer 2 blockchain solution backed by Coinbase, providing faster and cheaper transactions while maintaining the security […]
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
+