01 AUG, 2022

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Hundreds of letters poured into the judge presiding over the company's multibillion-dollar bankruptcy, filled with anger, shame, despair and often regret.

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An Irishman who is in danger of losing his farm.

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An American with suicidal thoughts. 84-year-old widow loses her life savings: people caught up in the collapse of crypto-lender Celsia are asking for their money back.

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Hundreds of letters poured into the judge presiding over the company's multibillion-dollar bankruptcy, filled with anger, shame, despair and often regret.

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"I know there are risks," said one customer, whose letter was not signed. "Seems like a worthwhile risk."

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Celsius and its CEO Alex Mashinsky billed the platform as a safe place for people…..

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To store their cryptocurrency in exchange for high interest while the company lends and invests the deposits.

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But as the value of cryptocurrencies plummeted — bitcoin alone has fallen 60 percent since November — the company faced mounting problems until it froze withdrawals in mid-June.

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01 AUG, 2022

Crypto clients are demanding their money back after lender Celsius went bankrupt

Hundreds of letters poured into the judge presiding over the company's multibillion-dollar bankruptcy, filled with anger, shame, despair and often regret.

An Irishman who is in danger of losing his farm.

An American with suicidal thoughts. 84-year-old widow loses her life savings: people caught up in the collapse of crypto-lender Celsia are asking for their money back.

Hundreds of letters poured into the judge presiding over the company's multibillion-dollar bankruptcy, filled with anger, shame, despair and often regret.

"I know there are risks," said one customer, whose letter was not signed. "Seems like a worthwhile risk."

Celsius and its CEO Alex Mashinsky billed the platform as a safe place for people…..

To store their cryptocurrency in exchange for high interest while the company lends and invests the deposits.

But as the value of cryptocurrencies plummeted — bitcoin alone has fallen 60 percent since November — the company faced mounting problems until it froze withdrawals in mid-June.