‘Long and Arduous’ Path Ahead For Crypto Lender Celsius, Says Legal Expert

Aug 16, 2022

The second day of Celsius Network’s bankruptcy hearing is underway, with the troubled crypto lender’s attorneys laying out a path forward for the company. King & Spalding LLP Partner Thad Wilson discusses his initial reactions, explaining why “the path here is going to be long and arduous for Celsius to otherwise emerge from Chapter 11.”