Celsius Network reports $660.94 million net loss for December

By Sarah Lizee

Olympia, Wash., Jan. 24 – Celsius Network LLC reported a $660.94 million net loss on $4.92 million gross income/sales for December, according to a monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The cash balance at the end of the month was $285.53 million.

The Hoboken, N.J.-based cryptocurrency lending platform filed bankruptcy on July 13, 2022 under Chapter 11 case number 22-10964.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.