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  1. #1
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    Crypto lender Celsius files for bankruptcy in New York

    Crypto giant files for bankruptcy


    https://www.ft.com/content/8d6dee7d-...2-e469686baca5
    Dave Lambert, Business Development
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  2. #2
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    ...they're protecting what they have to restructure and keep moving. Good for them.

    Fact is that Defi and smart contracts seem to be doing their job. Maker (DAO) got paid $223M, freeing up almost $450M in collateral. Aave and Compound got paid too.

    This is just a move to put themselves in a better position to get bought.

    The question is - who buys them now?

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