States' Probe of Celsius Network Alleges Huge Losses

Vermont regulators cited testimony by Celsius’s chief financial officer in a recent meeting of creditors that the company’s insolvency started with financial losses in 2020, running through 2021, contradicting statements made by the company’s CEO.

States' Probe of Celsius Network Alleges Huge Losses
Vermont regulators cited testimony by Celsius’s chief financial officer in a recent meeting of creditors that the company’s insolvency started with financial losses in 2020, running through 2021, contradicting statements made by the company’s CEO.

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