Celsius Debtors Launch Sale Plan, Select NovaWulf as Plan Sponsor

by Jeremy

NewCo will likely be a regulatory-compliant public, reporting firm 100% owned by Earn collectors, all of whom will obtain a big distribution of liquid crypto, with a “comfort class” of collectors receiving 70% restoration of their funds. No Celsius founder will likely be concerned in NewCo and the vast majority of the NewCo board will likely be appointed by the UCC.

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