Celsius Debtors Release Sale Plan, Choose NovaWulf as Plan Sponsor

First Mover Americas: Celsius Network Accused of Running a Ponzi Scheme

NewCo will be a regulatory-compliant public, reporting company 100% owned by Earn creditors, all of whom will receive a significant distribution of liquid crypto, with a “convenience class” of creditors receiving 70% recovery of their funds. No Celsius founder will be involved in NewCo and the majority of the NewCo board will be appointed by the UCC.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.