Cryptocurrency News

Celsius reportedly seeks advice from lawyers on restructuring

06/16/2022

Less than a minute

2022.06.16 03:46

Celsius reportedly seeks advice from lawyers on restructuring

Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm’s financial woes.

The firm is reportedly looking for other strategic alternatives, such as a financial restructuring, apart from its attempts to solve its current problems. The report also noted that Celsius is trying to find investors who would be able to provide financing options for the crypto lending company.

06/16/2022

Less than a minute

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