FTX Reportedly Withdrawn from Call with Celsius - Coinleaks
Current Date:September 21, 2024

FTX Reportedly Withdrawn from Call with Celsius

He reportedly withdrew from his meeting with Celsius after seeing FTX’s financials.

According to the news, which The Block said based on two sources that it says have knowledge on the subject, FTX, one of the leading crypto asset trading platforms, withdrew from the meeting it held with the company after seeing Celsius’s financial situation. According to a source cited by the source, Celsius has a $2 billion gap in its balance sheet.

According to the information in the news, FTX has started negotiations with Celsius to provide financial support or a possible acquisition. However, the company decided not to continue negotiations after examining Celsius’ financial situation.

As we reported earlier, Celsius stopped its withdrawals on June 12 due to extreme market conditions. In a statement made a week after the shooting stopped, “Work continues to stabilize liquidity and operations”had been recorded.

Share