According to a petition from lawyers for Celsius Network’s committee of unsecured creditors, the bankrupt cryptocurrency lender is subject to US federal “investigations.” In a Tuesday filing, the counsel said, “The number and extent of investigations of the debtors by governmental entities is significant: Celsius is apparently subject to enforcement proceedings or investigations in at least 40 states, in addition to investigations or inquiries involving the federal government.” The paper highlighted a September 7 statement from the Texas State Securities Board, which stated that various states are investigating Celsius. The latest report indicates that Celsius is being scrutinized even more closely. Celsius rose to prominence by offering individuals interest in their coin deposits. However, it suspended withdrawals in June as cryptocurrency prices plummeted and its risky gamble backfired, before filing for bankruptcy in July.