Celsius Network is exploring "strategic actions as well as a restructuring of our liabilities, among other avenues," as the struggling crypto lender prepares to go bankrupt, the company said in a blog post Thursday.Recall the lender in on June 12 had suspended customer withdrawals, swaps and transfers due to turbulent market conditions.Shortly after the Celsius debacle, a raft of prominent crypto-focused firms joined Celsius in trying to survive crypto winter amid liquidity issues, including hedge fund Three Arrows Capital and crypto lenders BlockFi and Babel Finance.Celsius last week employed restructuring consultants from consulting firm Alvarez & Marsal in preparation for bankruptcy.Earlier, FTX abandons deal to buy Celsius.
