Crypto: Founder of Bankrupt Celsius Calls on Elon Musk For Help

Published by
The Street

By Luc Olinga Celsius Network filed for bankruptcy in July, causing losses to many investors and customers. Celsius Network was among the prominent crypto firms to file for bankruptcy during the liquidity crunch within the fledgling blockchain-powered financial-services industry last summer. The crypto lender was also among the very first firms to suspend customer withdrawals in mid-June, before finally filing for Chapter 11 bankruptcy a bit more than a month later. The company then explained that it was a collateral victim of the collapse of sister cryptocurrencies Luna and UST or TerraUSD. T…

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