Bankrupt Crypto Lender Celsius Network Files to Recover Assets From EquitiesFirst

Creditors of Bankrupt Crypto Lender Celsius Will Vote on Bankruptcy-Escape Plan

EquitiesFirst is a private lending platform that owed Celsius some $439 million worth of cash and bitcoin (BTC) as of July 2022. Celsius first took collateralized loans from the lender in 2019, but failed to return collateral in 2021, CoinDesk reported earlier. Wednesday’s filing named both the company and its CEO, Alexander Christy, as defendants.

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