Another One Bites The Dust: Crypto Lender Celsius Files For Bankruptcy

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Crypto lender Celsius is the latest in a growing number of crypto-related companies filing for bankruptcy. The company filed for Chapter 11 bankruptcy protection following a month of difficulties, although it plans to continue certain operations for now using cash on hand. In a statement on Wednesday, Celsius said it would try to stabilize its business through restructuring “that maximizes value for all stakeholders.” Q2 2022 hedge fund letters, conferences and more Celsius Officially Files For BankruptcyAbout a month ago, the crypto lender froze its customers’ accounts, citing “extreme market…

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