Celsius’ actual debt stands at $2.85B: Bankruptcy Report

 Of the total 100,669 BTC deposited by investors, Celsius has lost 62,853 BTC.

In a new bankruptcy coin report filed on Sunday, it was found that Celsius’ actual debt stands at $2.85 billion against a $1.2 billion deficit the company claimed in its bankruptcy filing. 

The assets under management and net liabilities of the troubled crypto lender currently stand at $3.8 billion and  $6.6 billion, respectively. The bankruptcy filing showed the assets to be valued at $4.3 billion against the net liabilities at $5.5 billion. 

The company had filed for Chapter 11 bankruptcy on July 14 after it became one of the many victims of Terra UST Crash. 

Press ESC to close