Celsius Revival Plan Faces Hurdles Amid SEC Scrutiny

The ambitious effort to resurrect the bankrupt crypto lender Celsius through a new crypto services venture hit a regulatory roadblock, with the U.S. Securities and Exchange Commission (SEC) intensifying its scrutiny. A crucial dialogue is ongoing between the SEC, the Celsius Creditors Committee, and Fahrenheit, the consortium that emerged victorious in a bidding war to revitalize Celsius’s assets.