Ex-CFTC Chairman Discusses Celsius’ Bankruptcy and CBDC Adoption

Ex-CFTC Chairman Discusses Celsius' Bankruptcy and CBDC Adoption

Giancarlo, now a senior counsel at law firm Willkie Farr & Gallagher, said that while the restructuring proposal is only a starting point for the Hoboken, N.J.-headquartered lending platform, it will be the first time a federal bankruptcy court will weigh in on a crypto collateral-based bankruptcy.

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