After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement. At 03:03 UTC, CEL trades at USD 0.538 and is down 25% in a day, recovering from USD 0.40, reached earlier today. The price is still up 92% in a month....Read More: CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
