Crypto platform Celsius has gone to court to seek approval for its restructuring plan and refunds to customers. If approved, the company will be able to begin payments before the end of the year. After the restructuring, a new company, NewCO, will emerge with initial funding of approximately $450 million. Reimbursement to creditors will be made in a mixed way: $2.03 billion in bitcoins and ether, as well as shares of the new company. NewCO plans to start mining Bitcoin. The main source of financing is the consortium Fahrenheit LLC, led by Arrington Capital. 📈💸