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.
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