Name: Celsius Outlines Mining-Focused Reorganization Plan at First Bankruptcy Hearing
Uploaded: 2022-07-19T14:10:17.000Z
Duration: 5 min 16 s
Description: At its first bankruptcy court hearing Monday, crypto lender Celsius revealed it’s betting big on its mining subsidiary to help fill the $1.2 billion hole in the company’s balance sheet. CoinDesk Regulatory Reporter Cheyenne Ligon discusses what this means for Celsius and its users.

CD20$2,056.401.67%BTC$74,003.800.78%ETH$2,032.090.89%XRP$1.341.32%SOL$83.040.59%

Celsius Outlines Mining-Focused Reorganization Plan at First Bankruptcy Hearing | CoinDesk Videos

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CD20$2,056.401.67%BTC$74,003.800.78%ETH$2,032.090.89%XRP$1.341.32%SOL$83.040.59%

Celsius Outlines Mining-Focused Reorganization Plan at First Bankruptcy Hearing | CoinDesk Videos