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Why Celsius don't accept Nexo help? Or was only a

joke?

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Ploy from too many loans and positions in the market one can only speculate at their financial position the current class action will be interesting to see

From what we can see from the finally revealed Celsius' balanced sheet, they were engaging in under- & uncollateralised practices. Something that Nexo never does. Nexo offered Celsius to buy their qualifying collateralised loan receivables. But Celsius couldn't sell something that they didn't in the first place!

The Armanino doesn't give a overvieuw where they keep there assets and what assets, who says this is liquid?

Hans
The Armanino doesn't give a overvieuw where they k...

Nexo announced last month that they were already de-risking their DeFi positions. They had some stETH, etc. on Maker (always publicly verifiable). I can see they closed all those positions, except for a ~$22M in $WBTC, with a liquidation price of ~$6k per BTC, which looks very reasonable to me. Wallet: 0x8Fd589AA8bfA402156a6D1ad323FEC0ECee50D9D At the end of the day, I believe Nexo have proven that their risk management is outstanding.

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