Crypto lender Celsius sends bankruptcy plan to creditor vote

NEW YORK : Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge's permission to seek creditor approval for its bankruptcy plan, advancing a proposal to exit Chapter 11 as a new entity owned by its creditors. Judge Martin Glenn signed off on Celsius's disclosure statement and solicitation materials at a U.S. Bankruptcy Court hearing in Manhattan, saying Celsius had given creditors…

https://worldnewslivetv.com/business/crypto-lender-celsius-sends-bankruptcy-plan-to-creditor-vote/