🔒 Celsius (CEL), undergoing bankruptcy proceedings, recommends court approval to simplify creditor fund repayment in case of approval. The court will review creditor opinions on the bankruptcy plan and decide on debt repayment approval. #CelsiusBankruptcy #DebtRepayment 🏦📜🔓💼

Celsius Network Makes Progress in Creditors Payouts

Bankrupt crypto lender #Celsius Network has made significant progress in paying back its creditors. Despite facing numerous challenges, the company has successfully distributed funds to approximately two-thirds of its creditors.

#BankruptcyAnnouncement #CelsiusBankruptcy