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EquitiesFirst, an institutional finance firm known for lending cash against stock holdings, owes embattled crypto lender Celsius $439 million. According to a Financial Times Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for Key Takeaways Crypto lending company Celsius is currently owed $439 million by EquitiesFirst, court filings and a new report from the Financial Times indicate. Celsius had originally 7 de sept. de 2025 In July 2025, it was revealed that EquitiesFirst was the undisclosed debtor owing $439 million to Celsius. This substantial debt led Celsius to take legal action against the On July 15, the Financial Times (FT) reported that “Equitiesfirst [has been] revealed as [the] mysterious debtor to troubled crypto firm Celsius.” The report claims two people familiar with Celsius Network’s bankruptcy filings mentions a secret debtor. Two people close to the matter believe the debtor to be EquitiesFirst. EquitiesFirst owes $439 million to his EquitiesFirst, a single counterparty that owes Celsius $439 million, has been making monthly payments of $5 million to clear its debt with the company. Due to Equitiesfirst Named as Mysterious Debtor to Celsius, Owing $439 Million to Crypto Lender, According to the Report. Since Celsius suspended the withdrawals on June 12

Celsius $439 Million Debtor Revealed: EquitiesFirst at the Center of Crypto Crisis

The crypto world was rocked when Celsius Network paused withdrawals on June 12th, sparking intense speculation about the lender\'s financial stability. Now, the mystery surrounding Celsius\'s substantial debts has been unveiled: EquitiesFirst, an institutional finance firm, is the $439 million debtor.

EquitiesFirst: The $439 Million Debt and Its Impact on Celsius

According to a report from the Financial Times, EquitiesFirst, a company known for lending cash against stock holdings, owes Celsius Network a staggering $439 million. This revelation, coupled with Celsius\'s suspension of withdrawals on June 12, 2022, and subsequent bankruptcy filing, highlights the interconnectedness and vulnerabilities within the crypto lending landscape. Ever since Celsius suspended the withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy.

Key Takeaways:

  • EquitiesFirst, an institutional finance firm, is the counterparty owing Celsius $439 million.
  • The debt was originally due in July 2025, but details came to light earlier.
  • The Financial Times reported that EquitiesFirst was the "mysterious debtor" owing a substantial amount to the troubled crypto firm.
  • This significant debt contributed to Celsius\'s financial difficulties and eventual bankruptcy filing.

The Financial Times Report: Unveiling the Mystery

On July 15, the Financial Times (FT) broke the story, reporting that "EquitiesFirst [has been] revealed as [the] mysterious debtor to troubled crypto firm Celsius.” The report claims two people familiar with Celsius Network’s bankruptcy filings mentioned a secret debtor, and two people close to the matter believed the debtor to be EquitiesFirst.

Celsius Takes Legal Action

This substantial debt led Celsius to take legal action against EquitiesFirst. The pursuit of this debt recovery is a crucial step in Celsius\'s efforts to repay its creditors and navigate its bankruptcy proceedings. Celsius had originally 7 de sept. de 2025

Debt Repayment: A Slow and Steady Process

While EquitiesFirst owes $439 million to Celsius, the repayment process has been slow. EquitiesFirst has been making monthly payments of $5 million to clear its debt with the company. Due to Equitiesfirst Named as Mysterious Debtor to Celsius, Owing $439 Million to Crypto Lender, According to the Report.

The Future of Celsius and the Crypto Lending Market

The EquitiesFirst debt revelation underscores the risks associated with lending and borrowing in the crypto space. As Celsius navigates its bankruptcy proceedings, the industry will be closely watching the outcome of its legal battles and the eventual resolution of the EquitiesFirst debt. The Celsius saga serves as a cautionary tale and a catalyst for increased scrutiny and regulation within the crypto lending market.

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