Celsius network released a statement on Wednesday stating that it has filed for chapter 11 bankruptcy The firm will continue to stay operational and has $167 million in cash to proceed with further developments. After going through multiple tribulations in the past few weeks, Celsius Network has now filed for Chapter 11 bankruptcy. The company in its official press statement has outlined its intention to chart a “comprehensive restructuring plan” that will benefit all “stakeholders” involved in the best way […]
