📰 Crypto lending company Celsius Network announced that it plans to refund customers by the end of the year. The new company "NewCo" will receive $450 million in seed funding. 🚀
🔍 Celsius plans to make a partial repayment to creditors using $ 2.03 billion worth of Bitcoin and Ethereum and shares of the new company. 😯
👨⚖️ The judge is considering approving Celsius' restructuring plan. The plan also needs approval from safety regulators. Although most creditors support it, some oppose it. 🤔
🔍 Celsius plans to make a partial repayment to creditors using $ 2.03 billion worth of Bitcoin and Ethereum and shares of the new company. 😯
👨⚖️ The judge is considering approving Celsius' restructuring plan. The plan also needs approval from safety regulators. Although most creditors support it, some oppose it. 🤔