Celsius is 'Deeply Insolvent,' Alleges Vermont Department of Financial Regulation - CoinDesk

The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said.

Celsius Network, the troubled crypto lender, is deeply insolvent, alleged the U.S. state of Vermonts Department of Financial Regulation (DFR), noting that the lender lacks the assets and liquidity to… [+2041 chars]

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