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Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy

A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.

Alex Mashinsky, founder of Celsius Network, at Consensus 2019 (CoinDesk)
Alex Mashinsky, founder of Celsius Network, at Consensus 2019 (CoinDesk)