๐Ÿš€DeFi fans, buckle up! A hilarious twist in the Celsius bankruptcy saga: the ambitious plan to form a new #crypto services biz from its ashes hit a roadblock with the SEC! ๐Ÿšง๐Ÿ˜…

๐Ÿ”ฅFahrenheit, the investment vehicle that won the bid to issue shares in the new biz, is now in a "back and forth" with the SEC, Celsius Creditors Committee, and the remaining assets. ๐Ÿคผโ€โ™‚๏ธ

๐Ÿ”SEC wants more info, and the committee is figuring out what to do with it. The plan was to distribute $2B in #BTC & #ETH to creditors, plus shares in a new company that would manage Celsius' #Bitcoin mining ops, stake #Ethereum, and explore new biz opportunities. ๐Ÿง

๐Ÿ”šIf all else fails, the backup plan is to liquidate Celsius' assets. ๐ŸŒŠ

๐Ÿ—ฃ๏ธGot thoughts on this wild ride? Share 'em in the comments! ๐ŸŽข๐Ÿ‘‡ #DeFi #Web3