In a surprising turn of events, Celsius Network, a prominent player in the cryptocurrency lending domain, finds itself entangled in legal complexities. A U.S. bankruptcy judge’s recent suggestion has cast a shadow over the company’s intended shift towards a Bitcoin mining venture after undergoing bankruptcy proceedings.
During a court session held on November 30, Judge Martin Glenn, presiding over Celsius Network’s Chapter 11 bankruptcy, raised concerns about the company’s abrupt change in direction.·
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