Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons By Cointelegraph

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Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.

In a Feb. 16 court filing, United States Bankruptcy Judge Martin Glenn said it was in the “best interests of the Debtors’ estates, their creditors, and other parties” to allow Celsius debtors to sell their Bitmain coupons. The judge’s ruling does not require the debtors to liquidate the holdings in question, which would need the consent of the committee of unsecured creditors.

Celsius debtors’ holdings of Bitmain coupons as of Feb. 9.