Credit/Macro/Crypto Analyst, Former Credit/MA PM

Rose Choy

I have 20 years experience in credit and global macro both sell side (banking and trading) and buy side. Most recently managed multi asset and fixed income strategies. Crypto is my latest focus given huge inefficiencies and lack of quality research and insight. My crypto research will be through a trad-fi lens but with intimate knowledge in the crypto trading ecosystem.

FTX Bails Out BlockFi; Voyager Announces $661M Exposure

Crypto

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<li>Celsius filed for bankruptcy on July 14 and we parse through the filings to shed some light on the lender and its activities.</li>
<li>Quick analysis shows that unsecured creditors can get back 60 cents on the dollar.</li>
<li>The May "Bank Run" post LUNA crash, asset-liability mismatch and poor market conditions ultimately led the Company to file for bankruptcy. </li>
</ul>


Celsius filed for bankruptcy on July 14 and we parse through the filings to shed some light on the lender and its activities.
Quick analysis shows that unsecured creditors can get back 60 cents on the dollar.
The May "Bank Run" post LUNA crash, asset-liability mismatch and poor market conditions ultimately led the Company to file for bankruptcy. 


A Quick Review of the Celsius Bankruptcy Filing

Celsius Network

A Quick Review of the Celsius Bankruptcy Filing