2 years ago
"Our Disclosure Statement volition supply a summary of the Plan, account-holder betterment percentages, FAQs, and further accusation connected definite hazard factors," said Celsius.
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Bankrupt crypto lender Celsius Network has announced it volition beryllium moving guardant connected its Chapter 11 restructuring program with a disclosure connection containing accusation for assertion holders.
In a April 7 announcement to users, the Celsius debtors said they volition record a disclosure connection connected April 12. A March 31 tribunal filing successful United States Bankruptcy Court for the Southern District of New York said the connection was aimed astatine providing “adequate information” for assertion holders to ballot connected the projected restructuring program sponsored by NovaWulf.
Last week, we filed our Chapter 11 Plan of Reorganization (“the Plan”) with the enactment of the
Committee and the Plan Sponsor, NovaWulf. You tin find the Plan here:https://t.co/RY95ncZSl8
Related: Celsius publishes database of users eligible to retreat bulk of assets
Magazine: Tiffany Fong flames Celsius, FTX and NY Post: Hall of Flame
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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