Celsius valuation advisor approves value of debtors’ assets and liabilities By Cointelegraph

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© Reuters.

Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation adviser, Stout Risius Ross, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as of May 31, 2023.

Following months of back and forth, most Celsius creditors recently voted in favor of a plan to see approximately $2 billion worth of (BTC) and Ethere (ETH) returned to creditors.

Summary of conclusions provided for Celsius Network’s valuation report. Source: cases.stretto.com
Sept. 26 court filing in the bankruptcy case of BlockFi. Source: Kroll