Celsius Network reveals $1.2bn shortfall in bankruptcy filing - Financial Times

7/14/2022 12:00:00 AM2 years 9 months ago
by Kadhim Shubber
by Kadhim Shubber
Crypto lender’s founder admits mistakes as digital asset group seeks court protection
Crypto lender Celsius Network has revealed a $1.2bn hole in its balance sheet caused by what chief executive Alex Mashinsky called poor investments and other unanticipated losses. Celsius made the d… [+3038 chars]
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