The bankrupt cryptocurrency lender Celsius Network (CEL) has secured key deals to return client funds and speed up the court process.
Celsius network, which came to the fore with the bankruptcy last year, ways to save calling. In line with the latest developments, Celsius be able to return customer funds And reach an agreement with the court Turns out he had an agreement.
In a recent report from the Wall Street Journal (WSJ), Celsius’ customer claims regarding fraud allegations increasing recoveries by 5% that it could be resolved.
This agreement, which has not yet been submitted to the court and covers the negotiations between the creditors and the company, August 10 He will be brought before the court at a hearing to be held on the next day. Celsius is the first under this offer $78 billion total 30,000 requests He added that it could be resolved.
On the other hand, another agreement high interest accounts have deposits and real money loan Resolved a dispute between other users. In this context, creditors can also receive crypto money, which is offered as a repayment guarantee. some privileges won.
WSJ is holding a confirmation hearing on Celsius’s restructuring plan. October will take place in the month and customers before the end of the year receive payments of cryptocurrencies and other assets that you can start stated.
US Securities and Exchange Commission (SEC) july 13 day to Celsius Network and its former CEO Alex MashinskyHe had sued.