Last year Celsius CEO bragged about making lots of money when BTC was down.n.

June 28, 2022

Celsius has over $200 million invested in bitcoin mining and is the largest miner in North America.

The company had lent out $8 billion to clients and had almost $12 billion in assets under management.

However, data shows that the exchange was never able to make a profit to prove its claim.

Celsius had paused all its transaction earlier this month.

Goldman Sach has decided to stake $ 2 billion Celsius to save it from bankruptcy.

People compared it to the LUNA collapse that caused the whole market to crash.

It was reported earlier that Alex Mashinsky tried to flee the country but Celsius has denied these allegations.