Celsius Bankruptcy Plan Nears Final Approval Despite Objections

by

in
Celsius Bankruptcy Plan Nears Final Approval Despite Objections

Celsius Network aims to begin customer repayments by year-end as its bankruptcy reorganization plan nears final approval, though some creditors object.

Celsius would repay creditors partially in Bitcoin and Ethereum along with stock in its new Bitcoin mining company.

However, legal hurdles remain as a judge evaluates the plan and regulators review it.

If approved, it would allow Celsius to emerge from bankruptcy after freezing customer withdrawals in June 2022.

#shorts #CryptoNews #CryptoShorts #Celsius Network #company #customers #funds

๐Ÿ‘‹ Feeling the vibes?

Keep the good energy going by checking out my Amazon affiliate link for some cool finds! ๐Ÿ›๏ธ

If not, consider contributing to my caffeine supply at Buy Me a Coffee โ˜•๏ธ.

Your clicks = cosmic support for more awesome content! ๐Ÿš€๐ŸŒˆ


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *