Celsius Insolvency: Here is how Celsius fell apart and why bankruptcy may be the only option for the crypto lending startup

On June 12, Celsius Network, one of the largest players in the crypto lending space, announced it was freezing all withdrawals and transfers for all of its 1.7 million crypto customers due to what the crypto startup described as “extreme market […]

The post Celsius Insolvency: Here is how Celsius fell apart and why bankruptcy may be the only option for the crypto lending startup appeared first on Tech News | Startups News.

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• Source: https://techstartups.com/2022/06/18/celsius-insolvency-celsius-fell-apart-bankruptcy-may-option-crypto-lending-startup/