Crypto Lender Celsius to Hold Vote on Asset Sale Plan to Fahrenheit Consortium, Creditors Could Recover 67%-85% of Holdings

2023/08/18 07:40

Crypto lender Celsius, which filed for bankruptcy last year, has received approval from a judge to hold a vote on its plan to sell assets to the Fahrenheit consortium. The plan would see creditors recover between 67% and 85% of their holdings, with returns largely being made in bitcoin and ether.

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