Celsius, a well-known crypto lending company that went bankrupt in July 2022, is about to solve all its problems by closing its liabilities and compensating its users who, 18 months ago, found themselves unable to withdraw their cryptocurrencies from the platform.
98% of Celsius creditors have approved the fund recovery plan after several meetings with the bankruptcy court, which includes a cash refund and a participation in a mining company.
Now the cryptographic project could reopen its activity, returning to operate normally in the cryptocurrency market. At the same time, however, its utility token CEL has sunk into the abyss, unable to recover after the past crash.
Let’s see all the details below.
Celsius: the crypto lender is saved from bankruptcy and redistributes the money to its creditors after 18 months of blocked withdrawals
The crypto lending company Celsius stated today in a post on X that it has successfully emerged from the bankruptcy situation that has been ongoing sin
We współpracy z: https://en.cryptonomist.ch/2024/02/01/crypto-news-celsius-emerges-from-bankruptcy-and-begins-to-pay-its-creditors/
