• Written by: (Blockchain News
  • Sun, 09 Apr 2023
  •   Hong Kong

Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. The plan proposes creating a public platform fully owned by Earn creditors called NewCo, with no involvement from Celsius founder. (Read More)

Celsius Network Announces Disclosure Statement for Chapter 11 Plan