The last time we checked in on Celsius it was to highlight some of the actions CEO, Alex Mashinsky, was taking to deflect blame for the way he handled the decision to abruptly suspend withdrawals and other transaction activity over the popular crypto lending platform.
Now, almost exactly a month to the date, Celsius has filed for Chapter 11 bankruptcy signaling to its user base that they will be waiting even longer to receive concrete updates on recovering funds stored in their accounts.
