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Luna Squares LLC, a separate subsidiary, hosted about 10,000 machines for bankrupt crypto lender Celsius as of the top of December 2022, based on courtroom filings. Celsius loaned $20 million to Mawson in February 2022 and the 2 companies mentioned one other $20 million mortgage the next June. Luna Squares did not plan so as to add extra Celsius machines as specified of their contract till the mortgage went by, the filings mentioned. Luna Squares holds $15.3 million in Celsius deposits, based on the chapter filings.
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