Celsius Network’s Depositors May Not Get Their Money Back, Warns Economist
Celsius' bankruptcy filing unraveled a mess. Allegations of the crypto lender running a "shadow bank" has now been leveled by
Celsius' bankruptcy filing unraveled a mess. Allegations of the crypto lender running a "shadow bank" has now been leveled by
According to Celsius, the need for bankruptcy protection will help it in the restructuring process.
Its collateral debt might have reduced significantly but legal troubles continue.Â
Celsius is having a hard time during the crypto winter, but the company still believes confidentiality is worth more than
Celsius hired the law firm Kirkland and Ellis LLP to advise on its restructuring. The law firm joins the crypto
Tether did not reveal the USD value of the liquidated loan but said it was completed with no risk to
Celsius may have sent 0xB1 user-deposited assets that were accumulating interest, according to a new report.
Celsius' former money manager mentioned numerous alleged financial crimes in its lawsuit against the crypto lender.
Celsius has freed up roughly $450M worth of BTC after paying off its over-collateralized loans to Maker.
The crypto lender's liquidation price has plunged below $3,000, according to data.Â