Cryptocurrency News

Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox

07/14/2022

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2022.07.14 13:19

Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox

Crypto lending platform Celsius confirmed on July 13 that it has initiated Chapter 11 bankruptcy proceedings in the Southern District Court of New York.

The announcement was shared on the company’s Twitter (NYSE:TWTR) and shared with account holders via email on July 13, with a vow to “emerge from Chapter 11 positioned for success in the cryptocurrency industry.”

07/14/2022

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