Deep Trend TechFlow news, according to Bloomberg, bankrupt cryptocurrency lender Celsius Network LLC has obtained court permission to poll account holders to learn about its debt-for-equity swap to restart and repay about $2 billion in Bitcoin. and Ethereum proposals. U.S. Bankruptcy Judge Martin Glenn said Celsius will be allowed to send ballots and other voting materials to account holders explaining in plain language the company's plan to repay customers.

It’s important to note that the judge’s approval is contingent on the company’s advisers providing more information about volatility in the cryptocurrency industry and the potential impediments to the company’s crypto mining operations. Celsius lawyer Chris Koenig said the company expects to begin paying off creditors by the end of 2023.