The bankruptcy judge overseeing the Celsius Network bankruptcy case has approved a debt settlement plan that allows Custody account holders to receive back 72.5% of their crypto holdings.
At a March 21 hearing, U.S. Bankruptcy Judge Martin Glennhave signedIn a deal that allows Celsius Custody account holders to be eligible for 72.5% of their crypto if they approve the deal. which under this agreement The claimant cannot Celsius is liable to “take any action, including other claims,” and the digital assets that are not part of the settlement will be controlled by Celsius’ debtors.
Judge Glenn ruled in January that more than $4 billion from Celsius’ interest-bearing Earn scheme went to the lending platform. A February ruling by a judge allowed Celsius debtors to sell $7.4 million worth of Bitmain coupons if necessary.
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