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

Changpeng Zhao's Release from Custody: What Lies Ahead for the Binance Founder?

Changpeng Zhao's Release from Custody: What Lies Ahead for the Binance Founder? Changpeng Zhao, commonly known as "CZ," the founder of Binance, recently walked out of a California prison as a free man. This release marks a significant moment for the crypto industry, long fascinated by Zhao's monumental successes and subsequent legal challenges. While his […]
crypto image sei airdrop

The Sei Airdrop: How to Participate and Claim Free SEI Tokens

The Sei Airdrop: How to Participate and Claim Free SEI Tokens The Sei Airdrop is a highly anticipated event in the blockchain community. It offers users the opportunity to claim free SEI tokens, the native cryptocurrency of the Sei Network. In this article, we will guide you through the process of participating in the Sei […]
The network responsible for sending Ethereum transactions through can now be used to modify or cancel those transactions. Read more to understand how you can cancel your Ethereum transaction.

How to Modify or Cancel a Pending Ethereum Transaction

If you deal with Ethereum frequently, you’ll be happy to know it’s possible to cancel or reverse your transactions. Read more to learn how.
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
+