Celsius to sell crypto platform amid Mashinsky court battle
Celsius has filed court docs against founder Alex Mashinsky alleging millions lost to fraud as it reached a deal to sell its retail platform.
Cryptocurrency news by Protos · Protos
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Show Notes
Now-bankrupt Ponzi scheme Celsius Network has reached a deal with NovaWulf Digital Management LP to sell its crypto platform, in an ongoing bid to refund customers.
Celsius must still seek the approval of bankruptcy court, as well as the blessing of the majority of its customers, before the deal can go through. If all goes to plan, users can expect a share of their trapped crypto on the platform to be returned in bitcoin and ether.
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