Pierre Poilièvre could say, the Liberal Party of Canada is going over a precipice and with us is taking a step forward.
The Celsius Network cryptocurrency platform, which received an investment of nearly $200 million from the Caisse de depot et placement du Québec (CDPQ), had to file for bankruptcy, nearly a month after freezing the assets of its 2 million members.
Celsius said in a statement on Wednesday that it had commenced proceedings under Chapter 11 of the United States Bankruptcy Code, in court for the Southern District of New York.
The London cryptobank is not in its first problems, since it had to freeze the assets of more than $ 12 billion of its members on June 12, by suspending all withdrawals, exchanges and transfers.
Celsius is also not the only cryptocurrency platform to be struggling in the current market. Babel, another lender, also halted withdrawals, the Voyager Digital exchange took shelter from its creditors and the hedge fund Three Arrows Capital was placed in insolvency proceedings.