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Celsius Network Files for Chapter 11 Bankruptcy

The crypto lender said it has $167 million in cash on hand and will continue to freeze customer withdrawals.

Updated May 11, 2023, 5:42 p.m. Published Jul 14, 2022, 2:44 a.m.
Celsius Network founder and CEO Alex Mashinsky (CoinDesk)
Celsius Network founder and CEO Alex Mashinsky (CoinDesk)