Ripple (XRP) Court docket Ruling Unlikely to Influence Celsius Wind-Up, Crypto Lender’s Counsel Says

by Jeremy

The XRP ruling may influence creditor repayments for holdings of Celsius’ token CEL, given U.S. chapter guidelines which apply a compulsory downgrade to buyer claims referring to securities. The property has beforehand judged the token’s value at $0.20, however it may additionally fall to zero, Koenig mentioned, whereas some collectors have argued it ought to be valued at $0.81, its obvious value on the time of chapter in July 2022.

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