On Wednesday, July 13, crypto lender Celsius filed for Chapter 11 bankruptcy claiming that the company will proceed with reorganization and protect its customers’ interests. However, some dark details regarding Celsius operations have emerged from the documents that it submitted. As per the document, the company has around $4.3 billion in assets and liabilities worth
The post Here’s How Celsius Operated As a ‘Shadow Bank’, Will It Ever Return Money to Depositors? appeared first on CoinGape.
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