Celsius may restructure and issue new token

cryptoslate.com/celsius-may-restructure-and-issue-new-token

Bankrupt crypto lender Celsius could soon restructure and issue a cryptocurrency token to compensate users, according to a report from Bloomberg on Jan. 24.
During a court hearing, Celsius attorney Ross M. Kwasteniet said the company could be reorganized into a publicly-traded company with proper licensing. That approach could serve as an alternative to selling the company’s…

This story appeared on cryptoslate.com, 2023-01-25.
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