[NEW]: FTX walked away from a deal with Celsius after seeing state of its finances: sources

molly / web3-is-going-great

A timeline of some of the greatest hits in cryptocurrencies, NFTs, and other web3 projects since the beginning of 2021

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[NEW]: FTX walked away from a deal with Celsius after seeing state of its finances: sources #447

Closed patrickhwood closed 2 years ago

patrickhwood commented 2 years ago

Date

2022-06-30

Description

FTX was interested in making a deal with Celsius but walked away because of the state of its finances, two sources told The Block. Celsius had a $2 billion hole in its balance sheet, one source said.

Links

https://www.theblock.co/post/155069/ftx-walked-away-from-celsius-deal

Agreement

[X] I irrevocably agree to release my contribution under the CC-BY 3.0 License

Attribution name

Patrick Wood

Personal link

No response

molly commented 2 years ago

Waiting on this one to see if more sources verify. So far everything is only sourced to anonymous sources to The Block.