Celsius Network coin report shows a balance gap of $2.85 billion

Cointelegraph

Published Aug 15, 2022 09:47AM ET

Updated Aug 16, 2022 09:20AM ET

A new bankruptcy coin report filed on Sunday shows that troubled crypto lender Celsius’ actual debt stands at $2.85 billion against their bankruptcy filing claims of a $1.2 billion deficit.

The latest report shows that the company has net liabilities worth $6.6 billion and total assets under management at $3.8 billion. While in their bankruptcy filing, the firm has shown around $4.3 billion in assets against $5.5 billion in liabilities, representing a $1.2 billion deficit.

Continue Reading on Coin Telegraph