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Celsius is ‘Deeply Bancrupt,’ Alleges Vermont Division of Monetary Regulation

by SB Crypto Guru News
July 13, 2022
in Bitcoin
Reading Time: 1 min read
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Final week, CoinDesk reported that Celsius totally paid off and closed its mortgage on Maker, one of many largest DeFi lending protocols, and freed up $440 million of collateral pledged in opposition to the mortgage, denominated in wrapped bitcoin (WBTC) tokens. Moreover, on Tuesday, the crypto lender diminished its debt by $95 million on Aave and freed up 410,000 stETH tokens, price $426 million on the time of publishing, additionally reported by CoinDesk.



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