Celsius files for bankruptcy

Cryptocurrency lender Celsius Network filed for Chapter 11 bankruptcy,

The latest crash of the $2 trillion crash has exposed thousands of individual investors to huge losses.

Celsius said it took steps to stabilize its business and work on a restructuring for all stakeholders.

One of the largest cryptocurrency lenders said it had amassed more than $20 billion in assets by offering interest rates of up to 18 percent to depositors due to a halt in all withdrawals in June.

Going belly up Celsius has seen a change of -85.81% YTD.

Celsius Market Cap $430.51M

Celsius  Current price - $0.621448

Celsius  24H chg in price (in %) -14.14%

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