Celsius Has Over 100,000 Creditors with Combined Assets and Estimated Liabilities Between $1 Billion and $10 Billion

According to the Chapter 11 voluntary petition filed by Celsius Network (the debtor) under the U.S. Bankruptcy Code, Celsius is expected to have more than 100,000 creditors with estimated assets of $1 billion to $10 billion (on a consolidated basis) and estimated liabilities of between $1 billion and $10 billion. The largest unsecured creditors are Pharos USD Fund SP and Pharos Fund SP (approximately $81.08 million), while other creditors include ICB Solutions (approximately $13.34 million), Alameda Research (approximately $12.77 million), B2C2 (approximately $11.81 million), and others.