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,…

Previous 'Super important to know:' Waddell & Associates leader Kathy Williams prepares for retirement, gives savings tips
Next Stripe slashes internal share price, trimming $21B from fintech's sky-high valuation