Crypto lending giant files for Chapter 11 one year after opening Tampa office


Celsius Network filed for Chapter 11 bankruptcy reorganization less than a week after a former business partner accused the billion-dollar crypto lending platform of running a Ponzi scheme.

New York-based Celsius, which opened an office in Tampa last summer, said it has $167 million in cash on hand to support certain operations during the restructuring process, according to a statement.

Celsius did not respond to a request for comment and did not provide an update on the status of its Tampa office,…

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