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Celsius Had Higher Risk Profile Than Average US Bank: WSJ

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A recent reportfrom the Wall Street Journal (WSJ) has revealed that embattled crypto lending platform Celsius Network took on more risk than it could naturally handle.

A review of the data sent to investors when it last raised $400 million showed that the company, led by Alex Mashinsky, had a total asset base of $19 billion with its equity contribution pegged at just $1 billion.

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