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Crypto firm Celsius is reeling from bankruptcy — here’s what you need to know
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Cryptocurrency lender Celsius Network was founded in 2017 by entrepreneur Alex Mashinsky and once valued at more than $3bn. Now, it's in bankruptcy proceedings.
“I am confident that when we look back at the history of Celsius, we will see this as a defining moment,” Mashinsky said in the Chapter 11 filings.
Celsius lawyers defended its decision...
Read more on fnlondon.comAbout this in other media
Former employees say issues plagued the crypto company Celsius years ahead of bankruptcy cnbc.com /2 years ago
Crypto Lender Celsius Defends Bitcoin Mining Plans Despite Bankruptcy Filing ndtv.com /2 years ago
Crypto lender Celsius Network reveals $1.19 bln hole in bankruptcy filing economictimes.indiatimes.com /2 years ago
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