Bankrupt Crypto Lender Celsius Receives US Grand Jury Subpoena

US prosecutors and several federal regulators are seeking information from bankrupt crypto lender Celsius Network Ltd.

The inquiries, which were disclosed in court filings this month, provide a glimpse into the legal headaches that Celsius faces as it seeks to restructure. The company froze customer withdrawals in June in a bid to evade a panic run by users, then filed for bankruptcy in July.

Celsius has been one of the more high-profile casualties of a steep selloff in digital assets that was fueled in part by May’s collapse of the Terra blockchain. Since declaring insolvency, Celsius has faced criticism ...