07-18-2023, 11:02 AM
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/67009b83-371c-4024-872d-19db72d02a6e.jpg"></p><p>After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.</p>
https://cointelegraph.com/news/celsius-b...legal-fees
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/67009b83-371c-4024-872d-19db72d02a6e.jpg"></p><p>After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.</p>
https://cointelegraph.com/news/celsius-b...legal-fees