Crypto lending platform Celsius Network (CEL), which went bankrupt and sold altcoins to repay its creditors, continues its operations.
Celsius, which applied for bankruptcy protection last year and survived bankruptcy by receiving approval from the court for repayment, continues its altcoin transactions. Reported by on-chain analysis platform Lookonchain to data according to last 30 November The company that took action on the day gave FalconX $10 million worth He sent 5,600 Ethereum (ETH).
Celsius had previously sent ETH worth millions of dollars to FalconX and then FalconX He transferred these assets to cryptocurrency exchanges and sold them on behalf of Celsius. at this point 30 November It is thought that FalconX will sell the Ethereum assets in question on behalf of Celsius as a continuation of the transaction that took place on today.
Celsius signed a similar transfer earlier on November 30th, $19.5 million worth 9,600 ETH He transferred it to cryptocurrency exchanges Coinbase and OKX.
According to the Financial Times, when Celsius filed for bankruptcy last July, approximately $5.5 billion debt while there was $4.3 billion He had a presence around . Celsius owes approximately $1.2 billion to repay customers, and the company has sold tens of millions of dollars worth of altcoins in a short time.
According to CoinGecko data, in the last 24 hours 0.1% value The local token of the losing company is CEL, at the time of writing from $0.246 is being traded.