Celsius Has Over 100,000 Creditors with Combined Assets and Estimated Liabilities Between $1 Billion and $10 Billion

According to the Chapter 11 voluntary petition filed by Celsius Network (the debtor) under the U.S. Bankruptcy Code, Celsius is expected to have more than 100,000 creditors with estimated assets of $1 billion to $10 billion (on a consolidated basis) and estimated liabilities of between $1 billion and $10 billion. The largest unsecured creditors are Pharos USD Fund SP and Pharos Fund SP (approximately $81.08 million), while other creditors include ICB Solutions (approximately $13.34 million), Alameda Research (approximately $12.77 million), B2C2 (approximately $11.81 million), and others.
Source

Lending

DeFi

Security Incidents

In This Article

Related News
Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain Bybit hackers move over half the stolen ETH onto Bitcoin, largely using ThorChain
Stablecoin neobank Infini exploited for $49 million: security analysts Stablecoin neobank Infini exploited for $49 million: security analysts
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation NoOnes CEO Ray Youssef discloses $8 million exploit weeks after the fact, confirming crypto sleuth ZachXBT's investigation
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
13 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
13 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open