😍 Celsius to spend $25 million from GK8 sale on legal expen

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😍 Celsius to spend $25 million from GK8 sale on legal expenses Celsius acquired GK8 for $115 million in 2021 but was forced to sell it as part of its restructuring process.The shareholders have proposed allocating $24 million from the sale proceeds for legal expenses and $1 million to the holders. Bankrupt cryptocurrency lender Celsius will spend $25 million from the sale of GK8 on legal expenses and holders. #celsius #crypto Celsius, its creditors, and its Series B holders submitted a filing on 17 July, stating that Series B holders have agreed to a settlement on how $25 million from the proceeds of Celsius’ sale of GK8 would be distributed.

😍 Celsius to spend $25 million from GK8 sale on legal expenses 
Celsius acquired GK8 for $115 million in 2021 but was forced to sell it as part of its restructuring process.The shareholders have proposed allocating $24 million from the sale proceeds for legal expenses and $1 million to the holders.
Bankrupt cryptocurrency lender Celsius will spend $25 million from the sale of GK8 on legal expenses and holders.
#celsius  #crypto  
Celsius, its creditors, and its Series B holders submitted a filing on 17 July, stating that Series B holders have agreed to a settlement on how $25 million from the proceeds of Celsius’ sale of GK8 would be distributed.