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Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows

The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.

Updated May 11, 2023, 6:13 p.m. Published Jul 5, 2022, 10:56 p.m.
Celsius CEO Alex Mashinsky (CoinDesk archives)
Celsius CEO Alex Mashinsky (CoinDesk archives)