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Crypto lender Celsius Network cleared to exit bankruptcy

NEW YORK :Crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that will return cryptocurrency to customers and create a new company owned by Celsius creditors. U.S. Bankruptcy Judge Martin Glenn in Manhattan signed off on the restructuring in an order published on Th
New York United States Michael Arrington Alex Mashinsky Martin Glenn Celsius Network

Crypto lender Celsius Network cleared to exit bankruptcy

NEW YORK (Reuters) -Crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that will return cryptocurrency to customers and create a new company owned by Celsius creditors. U.S. Bankruptcy Judge Martin Glenn in Manhattan signed off on the restructuring in an order published on Thursday. The reorganized business will be managed by Fahrenheit LLC, a consortium that includes hedge fund Arrington Capital, and it will focus on mining new bitcoin and earning &qu...
New York United States Martin Glenn Alexia Garamfalvi Dietrich Knauth Alex Mashinsky
Source: aol.com

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