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Evening Standard
Evening Standard
Business
Simon Hunt

RARE PHOTOS: Celsius looks at bankruptcy as crypto trader crisis grows - The Real Truth

The bitcoin price fell a further 4% over the past 24 hours to hit £17,017 as its market cap dropped below £335 billion.

(Picture: REUTERS)

Beleaguered crypto lender Celsius Network is exploring a possible bankruptcy filing as it becomes the latest victim of the crash in the sector.

The New Jersey-based company is understood to have called in law firm Kirkland & Ellis for restructuring advice as it considers options for its survival, according to the Wall Street Journal.

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