Friday, July 15, 2022

Celsius Owes $4.7 Billion to Users But Doesn't Have Money to Pay Them

Celsius, the crypto trading platform that halted all withdrawals a month ago and filed for bankruptcy yesterday, has a $1.2 billion sized hole in its balance sheet, according to a bankruptcy filing and new report from the Financial Times. What does that mean for users? You’re probably not getting all your money back,…

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