Celsius Network Introduces A New Recovery Plan In Its Debut Bankruptcy Hearing

Celsius Network Introduces A New Recovery Plan In Its Debut Bankruptcy Hearing


Ethereum World News
2022-07-19 07:31:21

Celsius’s debut bankruptcy hearing introduces alternatives for users to retrieve their funds back.  The firm plans to make use of Bitcoin mining operations and third-party asset sales to accumulate funds and pay back its debt.  After halting its withdrawals and filing for chapter 11 bankruptcy, Celsius Network has finally introduced a new recovery plan in its debut court hearing. The firm further intends to make use of Bitcoin minted by mining operations to accumulate funds to pay back its creditors.  […]