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Home Finance Bankrupt Crypto Lender Celsius Considers Restructuring Finance Proposals

Bankrupt Crypto Lender Celsius Considers Restructuring Finance Proposals

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Bankrupt Crypto Lender Celsius Considers Restructuring Finance Proposals

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Celsius Community LLC has obtained a number of gives of contemporary money to assist fund its restructuring course of, a lawyer for the bankrupt crypto lender stated Tuesday.

The corporate is weighing financing packages of “varied sizes and styles,” Joshua Sussberg of Kirkland & Ellis stated on behalf of Celsius in a chapter listening to Tuesday. A number of extra gives are anticipated, he stated, with out offering particulars concerning the present proposals.

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