Picking right up where we left off, it looks like Celsius has hired a legal team and is preparing for bankruptcy and a long legal battle ahead. 3AC is still in the wind and not following up with anyone, but in short they are fkd. Blockfi is next, they already took a huge haircut on recent valuations at just $1B securing them $350M for now.
BRF #53 Insolvency pt 2
BRF #53 Insolvency pt 2
BRF #53 Insolvency pt 2
Picking right up where we left off, it looks like Celsius has hired a legal team and is preparing for bankruptcy and a long legal battle ahead. 3AC is still in the wind and not following up with anyone, but in short they are fkd. Blockfi is next, they already took a huge haircut on recent valuations at just $1B securing them $350M for now.