Canada's CDPQ explores legal options over failed crypto firm Celsius

Canada's CDPQ explores legal options over failed crypto firm Celsius

Photo: Reuters

 Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is exploring legal options over bankrupt crypto lending firm Celsius and will no longer invest in crypto firms, it said on Wednesday.

CDPQ‘s statement came as the fund recovers from its failed investment in New Jersey-based Celsius, which filed for bankruptcy in July less than a year after it received an investment of $150 million from the fund.

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