Celsius Networks: cryptocurrency lender files for bankruptcy

Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks

The cryptocurrency lender Celsius Network has announced it has filed for bankruptcy.

Crypto lending has tumbled in the recent months following a crash in cryptocurrency prices and the collapse of major token TerraUSD in May.

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Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks
The cryptocurrency lender Celsius Network has announced it has filed for bankruptcy.
Crypto lending has tumbled in the recent months following a crash in cryptocurrency prices and the collapse of major token TerraUSD in May. Continue reading…Technology | The Guardian

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