- Celsius is extending the bid dates to allow for more negotiations with the bidders.
- The committee wrote to the United States Bankruptcy Court of Southern District.
- Chainalysis reported that Celsius and 3AC investors lost $33.0 billion.
The committee representing the interests of unsecured creditors in the bankruptcy case of the defunct crypto lender, Celsius, wanted to extend the bid dates to allow for more negotiations with the bidders.
The committee decided that adjourning the original deadlines was the best way to achieve the desired goal after receiving multiple proposals for transactions involving its retail platform and mining business.
Celsius has received multiple proposals for the platform and mining business. Therefore, Celsius is extending the bid dates to permit further discussions with the bidders. Read the official statement here: https://t.co/01qJvgv2W6— Celsius Official Committee of Unsecured Creditors (@CelsiusUcc) December 16, 2022
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