What happened to Celsius after 3AC filed for bankruptcy?

After July 1, once 3AC filed for bankruptcy, Celsius too had its filing for bankruptcy. After declaring bankruptcy, Celsius revealed that it is supposed to pay its customers $4.7 billion, which the company is unable to pay back at the moment.

What is the difference between Voyager and Celsius?

That being said, Voyager is primarily designed to be a cryptocurrency exchange while Celsius was designed as an interest account. Customers can get in touch with Celsius by either filling out an online contact form or calling 201-824-2888. The company claims to offer 24/7 customer support but doesn’t say which contact method to use for it.

Is Celcius and terra (Luna) collapsing?

According to the filings made in court, Celsius has given two loans for 3AC in USDC stablecoin which are worth $50 million and $25 million. Hence, now it’s clear that Celcius, Three Arrow Capitals, and Terra (LUNA) crash are all interconnected. Just after Terra collapsed, 3AC too followed had a worst on the overall market sentiment.

What happened to Celsius ether?

“87. As customers sought to withdraw their ether deposits, Celsius was forced to buy ether in the open market at historically high prices, suffering heavy losses. Faced with a liquidity crisis, Celsius began to offer double-digit interest rates in order to lure new depositors, whose funds were used to repay earlier depositors and creditors.