CEL Crashes as Celsius Enters New Chapter of Its Saga and It’s Restructuring
Alex Mashinsky, Co-Founder & CEO of Celsius. Source: A video screenshot, Youtube/Mr Money TVAfter reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.At 03:03 UTC,