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Troubled Crypto Lender Celsius Hires New Restructuring Lawyers

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Embattled cryptocurrency lender Celsius Network LLC has hired new lawyers for restructuring advice as it navigates the financial fallout from recent turmoil in crypto markets, according to people familiar with the matter.

Celsius brought on lawyers from Kirkland & Ellis LLP to advise on options including a bankruptcy filing, replacing the company’s prior lead restructuring counsel, the people said.

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