Celsius to Emerge from Bankruptcy With Repayment Plan Approved

Celsius Network, the failed crypto lending company, is on track to exit bankruptcy after a judge approved its customer repayment plan.

The plan, presented to the bankruptcy court on Oct. 2, called for the establishment of a new entity with $450 million in seed funding.

This is a developing story and will be updated as details emerge.

Stay on top of crypto news, get daily updates in your inbox.

Source: https://decrypt.co/205367/celsius-to-emerge-from-bankruptcy-with-repayment-plan-approved