Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation

Name: Celsius is ‘Deeply Insolvent,’ Alleges Vermont Department of Financial Regulation
Uploaded: 2022-07-13T18:37:13Z
Duration: 1 min 75 s
Description: Celsius Network, the troubled crypto lender, “is deeply insolvent,” alleges the U.S. state of Vermont’s Department of Financial Regulation (DFR), noting the lender lacks the assets and liquidity to honor its obligations to account holders and other creditors.

Jul 13, 2022

Celsius Network, the troubled crypto lender, “is deeply insolvent,” alleges the U.S. state of Vermont’s Department of Financial Regulation (DFR), noting the lender lacks the assets and liquidity to honor its obligations to account holders and other creditors.

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