Coverage dated July 13, 2022

Celsius Seeks Bankruptcy Protection After Reclaiming Collateral

Headline from Forbes

Lender requests permission to pay some vendors; customers left out in the cold.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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Reports & sources

6 articles, oldest first.

Forbes
Celsius Seeks Bankruptcy Protection After Reclaiming Collateral (opens Forbes)
Published Jul 13, 2022
Forbes's feed description
Lender requests permission to pay some vendors; customers left out in the cold.
Fast Company
Celsius bankruptcy: What’s happening with withdrawals as crypto lender seeks protection? (opens Fast Company)
Published Jul 13, 2022
Fast Company's feed description
The news isn’t great for people who parked their crypto assets with the company.
FOX Business
Cryptocurrency lender Celsius Network files for bankruptcy as prices crash (opens FOX Business)
Published Jul 13, 2022
FOX Business's feed description
The cryptocurrency lender Celsius said it will begin bankruptcy proceedings in Manhattan federal court as the prices of Bitcoin and other cryptocurrencies have taken a nosedive.
The Guardian
Celsius Networks: cryptocurrency lender files for bankruptcy (opens The Guardian)
Published Jul 13, 2022
The Guardian's feed description
Company enters Chapter 11 process as fallout continues from collapse of global cryptocurrency networks
NBC Los Angeles
Embattled Crypto Lender Celsius Files for Bankruptcy Protection (opens NBC Los Angeles)
Published Jul 13, 2022
NBC Los Angeles's feed description
Celsius made headlines a month ago after freezing customer accounts, blaming “extreme market conditions.”
Engadget
Crypto lending giant Celsius files for bankruptcy (opens Engadget)
Published Jul 13, 2022
Engadget's feed description
It froze withdrawals and transfers a month ago after its tokens value crashed..