FTX STEPS AWAY FROM CELSIUS ACQUISITION CITING A 2 BILLION HOLE IN ITS BALANCE SHEET

The Plans Of Ftx Exchange

Celsius to appeal order that disallowed its $444M claim

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT

The plans of FTX exchange to acquire nearly-bankrupt crypto lender Celsius, may have fallen through, per new reports.

According To Court Filings

SBF's FTX Considered Buying Celsius but Walked Away After

FTX discarded Celsius deal after reportedly finding $2B missing

According to court filings, Celsius initially filed a $2 billion claim citing “unsubstantiated and disparaging statements” circulated by FTX insiders. However, FTX

Ftx

FTX, one of the worlds largest digital asset exchanges, was considering a deal to buy the embattled crypto lender Celsius, The Block reports.FTX, led by a young

Celsius Network appeals $2B disparagement claim rejection

FTX Exchange Reportedly Backs Out Of Acquiring Celsius, Here's

Ftx Has Walked Away From

Celsius had a $2 billion hole in its balance sheet, one source said. Crypto exchange operator FTX looked at making a deal with troubled crypto lender Celsius but

FTX walked away from a deal with Celsius after seeing state of its

FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. Two

Celsius Was

Celsius was “difficult to deal with” and that “Celsius had a $2 billion hole in its balance sheet.” Celsius is further investigating whether certain of FTX customers