Celsius tweeted “in the interest of transparency” that it held around 3.5 million mostly locked Serum tokens on FTX along with $13 million in loans to Alameda Research it said were under-collateralized.
“Our work to maximize stakeholder value continues as our singular focus,” the company said.
Celsius, a crypto lender that ran an alleged Ponzi-like scheme, filed for Chapter 11 bankruptcy protection in July of this year. In June, FTX had considered a deal with Celsius but walked away after seeing the firm’s finances. Five months later, Binance walked away from an acquisition deal with FTX after reviewing its finances.
Alameda has between $10 billion-$50 billion in assets and $10 billion-$50 billion in liabilities, along with over 100,000 creditors,.