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CoinTurk News 2023-08-15 10:15:46

Celsius Networks Obtains Court Approval to Conduct Survey on Repayment Proposal

On Monday, August 14th, the bankrupt crypto lending institution Celsius Networks obtained court permission to conduct a survey among account holders regarding a proposed repayment of approximately $2 billion in Bitcoin (BTC) and Ethereum (ETH) through a new company owned by the users. US Bankruptcy Judge Martin Glenn stated that he would begin sending out ballots to Celsius account holders and that the voting materials included clear explanations of the company’s repayment plans. The post Celsius Networks Obtains Court Approval to Conduct Survey on Repayment Proposal appeared first on COINTURK NEWS.

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