Celsius Network hires advisers ahead of potential bankruptcy: Report

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Celsius Network hires advisers ahead of potential bankruptcy: Report
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It's getting real for CelsiusNetwork. The platform has reportedly brought on advisers in the midst of a potential bankruptcy.

on June 19 that it would be suspending discussions on “Twitter Spaces and AMAs” to focus on addressing issues with its operations.

State authorities have turned their attention to Celsius following the platform’s decision to suspend withdrawals. On June 16, Texas State Securities Board director of enforcement division that regulators in Alabama, Kentucky, New Jersey, Texas and Washington were “looking at the issue involving the frozen accounts” at Celsius.

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