Celsius intends to convert all altcoins except Bitcoin and Ethereum into this currency with court approval.
This will not affect tokens held in withholding or escrow accounts, and the sale will begin on July 1.
The filing states that the conversion will not affect any creditor’s claims.
The Official Committee of Celsius Debtors and Unsecured Creditors plans to convert all cryptocurrencies except Bitcoin and Ethereum into this currency with court permission, according to a document presented on June 14.