Canadian Authorities Are Also Investigating Celsius’s Collapse

In addition to the US, Canadian regulators have been added to the list of names that started an investigation into the collapse of the lending platform Celsius Network.

According to the information provided by the Financial Post, US and Canadian officials are cooperating in investigating the effects of the Celsius Network’s crisis.

While Celsius has no official registration in Canada, financial regulators in Canada are working with US Securities and Exchange Commission (SEC) officials as they investigate Celsius’ activities after the collapse.

The Ontario Securities Commission said Celsius’ bankruptcy was particularly How it affects Canadian users researching. Among the agencies investigating Celsius in Canada is the AMF in Quebec.

until a few months ago 28 billion dollars Celsius, which manages assets worth more than 80% He lost and filed for bankruptcy in July. The company’s $4.7 billion Canadian investors are among the customers it owes.

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