Celsius Owes 18B to Its Stakeholders, Latest Report Shows

A new coin report shows that Celsius Network has over $2 billion in liabilities in various coins. Bitcoin (BTC) and Ethereum (ETH) make up the majority of the liabilities. A new coin report shows that Celsius Network (CEL) has over $2 billion in liabilities in various cryptocurrencies. Net crypto liabilities stand at $6.1 billion. The vast majority of these liabilities are in BTC, ETH, and CEL. The former two account for approximately $3.7 billion in liabilities. However, in total, there are 25 total cryptocurrencies that make up the portfolio. In terms of dollar value, there is a $1.8 billion deficit for BTC, $987 million for ETH, and $666 million for USD Coin. The data was shared on Twitter by bankruptcy lawyer David Adler. The report does not paint a good picture of Celsius.