Celsius Sends Bankruptcy Restructuring Plan To Creditors Vote After Court’s Approval

Bankrupt crypto lender Celsius is set to hold a vote on a plan to sell its asset to Fahrenheit Group following the approval by a judge as the proceeding winds down. Celsius will send its creditors ballots to vote on the proposal between Aug 24 and Sept 22 and if approved, creditors could receive as high as $2 billion with each creditor getting returns ranging from 67% for Earn holders and 85% for those who were in the Borrow Program.... Read More: Celsius Sends Bankruptcy Restructuring Plan To Creditors Vote After Court’s Approval