In today’s briefing:
- A Quick Review of the Celsius Bankruptcy Filing
A Quick Review of the Celsius Bankruptcy Filing
- Celsius filed for bankruptcy on July 14 and we parse through the filings to shed some light on the lender and its activities.
- Quick analysis shows that unsecured creditors can get back 60 cents on the dollar.
- The May “Bank Run” post LUNA crash, asset-liability mismatch and poor market conditions ultimately led the Company to file for bankruptcy.
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