Celsius Starting Bankruptcy Proceedings: Report
Crypto lender's lawyers are notifying state regulators, source tells CNBC.
Crypto lender Celsius Network has started Chapter 11 bankruptcy preparations, CNBC reported Wednesday, citing a person familiar with the discussions.
- Celsius lawyers were notifying U.S. state regulators Wednesday evening, and Celsius plans to file paperwork “imminently,” the person told CNBC.
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