Celsius Customers to Vote on Settlement Plan for Asset Distribution and Equity in New Company

08/14 22:26

Crypto lender Celsius, which filed for bankruptcy last year, has been granted permission by a New York bankruptcy court to send out ballots to its customers for a vote on a proposed settlement plan. The plan involves a consortium called Fahrenheit buying Celsius' assets and launching a new company that would distribute Celsius assets and equity to its customers.

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