Celsius creditors have begun subpoenaing Equities First, a lending firm caught in Celsius’ bankruptcy, CoinDesk reported. Celsius began borrowing from Equities First in 2019, and when Celsius repaid an overcollateralized loan to Equities First in 2021, Equities First was unable to repay the company’s collateral in time, and Celsius transitioned from being a borrower to Equities First owed $509 million unsecured. The debt has been slowly being paid off since last September, with current repayments at $5 million a month. The $439 million in debt consisted of $361 million in cash and 3,765 bitcoins (approximately $79 million), the document said. Celsius' bankruptcy filings show it has $5.5 billion in liabilities, the vast majority of which are owed to users, and its assets are just $4.3 billion.