PROTOCOLSAS WELL AS

Last updated: June 19, 2025, 11:18  |  Written by: Olaf Carlson-Wee

Protocolsas Well As
Protocolsas Well As

Celsius Was

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

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 “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

FTX discarded Celsius deal after reportedly finding $2B missing

Celsius to appeal order that disallowed its $444M claim

SBF's FTX Considered Buying Celsius but Walked Away After

Celsius Had A

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.

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

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

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

Celsius Network appeals $2B disparagement claim rejection

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

Olaf Carlson-Wee can be reached at [email protected].

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