Cryptocurrencies

Celsius Examiner Report Mentions FTX More Than 150 Times. Why? (Podcast)

Findings from an independent examiner’s report show deep-rooted issues at the now bankrupt crypto lender.

Photographer: David Williams/Bloomberg
Lock
This article is for subscribers only.

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

The story of crypto lender Celsius Network’s bankruptcy officially began last summer, when it filed for Chapter 11 and cited a severe liquidity crisis. At the time, FTX and its CEO were still heralded as promising figures in the industry, even as companies and users were struggling to get by in the midst of a grueling crypto winter.