In Bloomberg Law, Daniel Gwen Examines Creditor Recoveries After Crypto Bankruptcies
July 19, 2024
July 19, 2024
BOSTON, Massachusetts, July 19 -- Ropes and Gray, a law firm, issued the following news:
Last year crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that would return cryptocurrency to customers and create a new company owned by Celsius creditors.
Litigation winnings in a new lawsuit filed against Celsius criminally indicted co-founder and other former leaders would add to the 67% to 85% recovery that customers are expected t . . .
Last year crypto lender Celsius Network received U.S. bankruptcy court approval for a restructuring plan that would return cryptocurrency to customers and create a new company owned by Celsius creditors.
Litigation winnings in a new lawsuit filed against Celsius criminally indicted co-founder and other former leaders would add to the 67% to 85% recovery that customers are expected t . . .