Celsius Becomes the Next Crypto Company to Apply for Bankruptcy

in celsius •  3 years ago 

Celsius crypto .jpg

Cryptocurrency lender Celsius applied for Chapter 11 bankruptcy. A release by the company says that the filing is voluntary and aims to steady the business through restructuring and generate maximal value for all stakeholders.

Last month, the platform stopped functions of withdrawing, swapping, and transferring crypto.

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Celsius Becomes the Next Crypto Company to Apply for Bankruptcy

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