Alex Mashinsky Simon Dixon Washington state New Jersey state Texas state Alabama state Kentucky business lending Bankruptcy Alex Mashinsky Simon Dixon Washington state New Jersey state Texas state Alabama state Kentucky

Celsius Network hires advisers ahead of potential bankruptcy: Report

Reading now: 474
cointelegraph.com

Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy.According to a Friday report from the Wall Street Journal, Celsius hired an unknown number of restructuring consultants from the firm Alvarez & Marsal to advise the platform on potentially filing for bankruptcy.

The report followed one from June 14, which said Celsius had hired lawyers in an attempt to restructure the company amid its financial issues.

Read more on cointelegraph.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
DMCA