Celsius seeks to convert alts to Bitcoin and Ether under reorganization plan By Cointelegraph
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Defunct crypto lender Celsius has revised its bankruptcy filing, awaiting approval from a bankruptcy court in New York after a successful acquisition deal with the Fahrenheit crypto consortium. The crypto lender filed its reorganization plan on June 15.
Under the revised plan, Celsius will convert all altcoins from customers, with the exception of “Custody and Withhold accounts,” to (BTC) and Ether (ETH) starting from July 1.
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© Reuters
Defunct crypto lender Celsius has revised its bankruptcy filing, awaiting approval from a bankruptcy court in New York after a successful acquisition deal with the Fahrenheit crypto consortium. The crypto lender filed its reorganization plan on June 15.
Under the revised plan, Celsius will convert all altcoins from customers, with the exception of “Custody and Withhold accounts,” to (BTC) and Ether (ETH) starting from July 1.
Continue Reading on Coin Telegraph
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