The bankrupt cryptocurrency lending company, Celsius Network, announced through legal documents yesterday (9) that it will require creditors who withdrew more than $100,000 within 90 days prior to the company’s bankruptcy to return a portion of the funds, or they will face legal action. Additionally, those who withdrew less than $100,000 are not required to return the funds but still need to vote to accept the proposed plan.
Celsius, a Cryptocurrency Lending Firm: Obliged to Return Partial Funds to Creditors Exceeding $100,000 within 90 Days Prior to Bankruptcy