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Celsius becomes 3rd major crypto firm to file for bankruptcy in 3 weeks
short by Apurva Bharadwaj / on Friday, 15 July, 2022
Celsius has become the third major crypto firm to file for bankruptcy in three weeks following the collapse of hedge fund Three Arrows Capital and broker Voyager Digital. The crypto lender said the decision was part of a financial restructuring that would "stabilise the business". The US-based platform had suspended customer withdrawals, swaps and transfers citing "extreme market conditions".
read more at Evening Standard