Celsius Bankruptcy Shows Reckless Behavior With A $1.2 Billion Hole In Its Balance Sheet Today

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

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This article will shed some light on the details of the Celsius situation following the filing of Chapter 11 Bankruptcy protection yesterday afternoon. CEO Alex Mashinsky followed up the filing with an official statement released today.

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