Friday, July 15, 2022

Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81M, is little known fund Pharos, which has staff with links to Sam Bankman-Fried (Bloomberg)

Bloomberg:
Celsius' Chapter 11 filing shows that its biggest creditor, to which it owes $81M, is little known fund Pharos, which has staff with links to Sam Bankman-Fried  —  Among the more than 100,000 creditors of Celsius Network Ltd., the crypto lender that filed for bankruptcy on Wednesday, one entity stands out: Pharos USD Fund SP.



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A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna can achieve a $150B-$200B valuation (Financial Times)

Financial Times : A profile of Klarna and its CEO Sebastian Siemiatkowski as it filed for a US IPO on November 13; investors hope Klarna ...