Projections from law firm Kirkland & Ellis filed yesterday show the lender could run out of funds by October. It still has about $130 million in cash balance as of August. With all current operating, capital and restructuring expenditures, Kirkland & Ellis projects the firm will be nearly $40 million in the red by the close of October. The firm also owes depositors $2.8 billion more in crypto than it's currently holding.

Projections from law firm Kirkland \& Ellis filed yesterday show the lender could run out of funds by October. It still has about $130 million in cash balance as of August. With all current operating, capital and restructuring expenditures, Kirkland \& Ellis projects the firm will be nearly $40 million in the red by the close of October. The firm also owes depositors $2.8 billion more in crypto than it's currently holding.


https://www.theblock.co/post/163687/celsius-report-shows-2-8-billion-in-crypto-liabilities-dwindling-cash-flow?utm_source=twitter&utm_medium=social

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Projections from law firm Kirkland & Ellis filed yesterday show the lender could run out of funds by October. It still has about $130 million in cash balance as

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Celsius Report Shows $2.8 Billion in Crypto Liabilities

Celsius Report Shows $2.8 Billion in Crypto Liabilities | Blofin

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