f19 2 Celsius Network to Add New Currencies, Enhance Lending Platform

Celsius Network to Add New Currencies, Enhance Lending Platform

– The crypto lending protocol Celsius has been going through a tough time recently, with rumors and speculation swirling about its financial status
– On 12th June, the company announced that it was halting its operations related to withdrawals, transfers, and swaps between accounts
– On 14th June, it was reported that Celsius was seeking to hire restructuring advice from Akin Gump Strauss Hauer and Feld LLP
– Goldman Sachs is reportedly seeking to raise funds to buy Celsius’ distressed assets
– The United States Securities and Exchange Commission and several state regulators are investigating Celsius
– Restructuring advisor firm Akin Gump and Citigroup have suggested that Celsius file for bankruptcy

 

 

f19 2 Celsius Network to Add New Currencies, Enhance Lending Platform
Celsius Network to Add New Currencies, Enhance Lending Platform 3

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