News Formal

Cryptocurrency lender Celsius prepares to file for bankruptcy - CNBC

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Cryptocurrency lender Celsius Network is in the process of filing for Chapter 11 bankruptcy, CNBC reported on Wednesday, citing a source familiar with the discussions. The company's lawyers were notifying individual U.S. state regulators as of Wednesday evening, the report said, adding that Celsius plans

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?.

We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.Upgraded but still having issues?
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US state Vermont regulator says Celsius lacks assets to repay customers, creditorsVermont's Department Of Financial Regulation on Tuesday said troubled crypto lender Celsius is 'deeply insolvent' and lacks the assets and liquidity to honor its obligations to customers and other creditors. Celsius last month froze withdrawals and transfers, citing 'extreme' market conditions, leaving it
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »