Crypto: Celsius Accuses ex-Fund Manager of Stealing Millions

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The Street

By Luc Olinga Crypto lender is under pressure from individual investors who want their money back after it froze withdrawals and filed for Chapter 11 bankruptcy. Celsius Network is in big trouble. The crypto lender is one of the biggest victims of the fall in cryptocurrency prices that caused a liquidity crisis in the industry in May, June and July. The firm has filed for Chapter 11 bankruptcy and is restructuring its debt. But the platform, which traded cryptocurrencies and offered financial services like a traditional bank, is under pressure from retail investors who want to recoup some of t…

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