Celsius Network Files Lawsuit Against EquitiesFirst for $439M Recovery

Bankrupt #crypto2023 lender #CelsiusNetwork  has filed a complaint against EquitiesFirst Holdings, a lending company for asset recovery. As per a September 6 report, Celsius is seeking injunctive relief and a declaratory judgment for asset recovery from lender EquitiesFirst Holdings. The complaint filed names both EquitiesFirst and its CEO Alexander Christy as defendants. Apart from this, Celsius filed a summons on the same day, asking the private lender to submit a proposal or reply within 35 days. Let us tell you that EquitiesFirst is an Indianapolis-based private lending company, which owed $439 Million to Celsius Network till July 2022.

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