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Celsius: $42 million withdrawn before withdrawal freeze
They were withdrawn by the former CEO and co-founder, while the CTO poured them into other accounts of the same company
The CEO of Celsius resigns
According to the bankruptcy petition filed by the court in July, the Celsius company allegedly accrued $1.2 billion in debt on its balance sheet
Celsius history and fall of a clay giant
A brief history of the cryptocurrency lender that filed for bankruptcy a few weeks ago
Financial Times accuses CEO of Celsius of contributing to the bankruptcy
According to the British financial newspaper, CEO of Celsius Alex Mashinsky allegedly personally took trading decisions into his own hands that caused huge losses
Celsius: the CEO sold customers’ BTC
In January, a reckless strategy allegedly generated losses of $50 million
Ripple is interested in acquiring Celsius
It is not the only one thinking about this opportunity
Official: Celsius declares itself insolvent
It will now be extremely difficult for its customers to recover all the funds still deposited in their accounts
Celsius is being sued for fraud
A company that worked with them until 2021 is demanding a multimillion-dollar payment it has not yet received
Celsius Network totally extinguishes its bitcoin debt
The settlement price has now dropped to zero dollars
3 best Celsius alternatives in 2022
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Decentralized lending is still a viable industry vertical, but only under the right conditions