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Ethereum World News 2022-07-19 07:31:21

Celsius Network Introduces A New Recovery Plan In Its Debut Bankruptcy Hearing

Celsius’s debut bankruptcy hearing introduces alternatives for users to retrieve their funds back.  The firm plans to make use of Bitcoin mining operations and third-party asset sales to accumulate funds and pay back its debt.  After halting its withdrawals and filing for chapter 11 bankruptcy, Celsius Network has finally introduced a new recovery plan in its debut court hearing. The firm further intends to make use of Bitcoin minted by mining operations to accumulate funds to pay back its creditors.  […]

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