“It’s crucial to observe the price changes in combination with the actions taken by Celsius’s management team,” said Anton Gulin, business director at crypto exchange AAX. “They handled the crisis very well, repaying their debt, freeing collaterals and applying for a specific bankruptcy clause, where they restructure the business rather than close the shop.”
Source: https://www.coindesk.com/markets/2022/07/14/analysts-see-recovery-for-cel-tokens-despite-celsius-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines