Celsius Network hires advisors to prepare for bankruptcy.

M2 EQUITYBITES-June 27, 2022--Celsius Network hires advisors to prepare for bankruptcy

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Global Banking News - 27 June 2022

Cryptocurrency firm, Celcius Network, has hired advisors to help it prepare for bankruptcy.

The firm has announced that it has hired restructuring consultants from advisory firm, Alvarez & Marsal. Earlier this month, the New Jersey-based cryptocurrency firm had said that it was closing withdrawals and transfers due to difficult market conditions.

A recent report had said...

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