ChainCatcher reported that according to Bloomberg, Joseph Sarachek, a lawyer representing Celsius Network creditors, told a New York bankruptcy judge on Tuesday that many Celsius creditors had contacted his office in recent weeks to ask whether to force liquidation of the assets of Ionic Digital, a Bitcoin mining company owned by Celsius.

Ionic lawyers said at the hearing that Ionic originally planned to list on the Nasdaq Stock Exchange in the middle of this year, but the plan was shelved after the auditor resigned and former CEO Matt Prusak left. Ionic now plans to go public "sometime in 2025."