Celsius Plans to Poll Customers on Its Plans: Bloomberg
Bankrupt Celsius Network LLC has received approval from U.S. Bankruptcy Judge Martin Glenn to send ballots to account holders, seeking their input on the company's plan to restart as a new user-owned entity. The approval is contingent on providing more information about the volatility of the crypto industry and potential challenges for its crypto mining operation. Celsius aims to start repaying creditors by the end of the year.
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Celsius Plans to Poll Customers on Its Plans: Bloomberg
Bankrupt Celsius Network LLC has received approval from U.S. Bankruptcy Judge Martin Glenn to send ballots to account holders, seeking their input on the company's plan to restart as a new user-owned entity. The approval is contingent on providing more information about the volatility of the crypto industry and potential challenges for its crypto mining operation. Celsius aims to start repaying creditors by the end of the year.