Celsius Network reports $646.86 million profit for November

Chicago, Dec. 22 – Celsius Network LLC reported a $646.86 million profit for November on $2.59 million of gross income or sales, according to the fifth monthly report filed with the U.S. Bankruptcy Court for the Southern District of New York.

The cumulative profit reported was $9.44 million.

The debtor reported $83,041 of cash at the end of the month versus $388,974 at the beginning of the month.

The Hoboken, N.J.-based cryptocurrency lending platform filed bankruptcy on July 13 under Chapter 11 case number 22-10964.

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