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Celsius hires lawyers to restructure business after freezing withdrawals

Summary by Ground News
Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial problems. The crypto lender said on Sunday it was pausing all swaps, transfers and withdrawals between accounts due to extreme market conditions.

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Financial Post broke the news in Canada on Tuesday, June 14, 2022.
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