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CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet

More troubling news is coming out regarding Celsius (CEL), as its so-called Chapter 11 bankruptcy protection filing on July 14 has revealed a deficit of close to USD 1.2bn for the crypto lender. According to a new document filed with the U.S. Bankruptcy Court of the Southern District of New York, Celsius holds USD 4.3bn in assets against USD 5.5bn in liabilities, representing a deficit of USD 1.2bn…. Read More: CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet

Continue reading on https://cryptonews.com/news/cel-jumps-while-celsius-bankruptcy-protection-filing-reveals-a-billion-dollar-hole-in-balance-sheet.htm


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