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Celsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company

Celsius scraps Fahrenheit consortium, gets court approval for Bitcoin mining company
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Celsius Network wins court approval for shift to bitcoin mining

A U.S. bankruptcy judge has approved cryptocurrency lender Celsius Network s pivot to bitcoin mining, ruling that the company could deviate from a previously approved bankruptcy plan because creditors. -December 28, 2023 at 04:44 pm EST - MarketScreener

New yorkUnited statesChris ferraroMartin glennDaniel wiessnerDietrich knauthAsher genootMatthew lewisUs bitcoin corpExchange commissionCelsius networkUs department of justiceJudge martin glennArrington capitalNew york editing

Celsius Network wins court approval for shift to bitcoin mining

NEW YORK (Reuters) -A U.S. bankruptcy judge has approved cryptocurrency lender Celsius Network's pivot to bitcoin mining, ruling that the company could deviate from a previously approved bankruptcy plan because creditors and customers were no worse off under the new restructuring. U.S. Bankruptcy Judge Martin Glenn in Manhattan on Wednesday said the bankruptcy plan approved in November contained enough flexibility to allow Celsius to switch to a backup plan after it hit a road block with the U.S

New yorkUnited statesDietrich knauthAsher genootMartin glennDaniel wiessnerMatthew lewisExchange commissionCelsius networkUs department of justiceUs bitcoin corpJudge martin glennArrington capital

Celsius Network wins court approval for shift to bitcoin mining

By Dietrich Knauth NEW YORK (Reuters) - A U.S. bankruptcy judge has approved cryptocurrency lender Celsius Network's pivot to bitcoin mining, ruling t.

New yorkUnited statesAsher genootDaniel wiessnerDietrich knauthMartin glennMatthew lewisUs bitcoin corpExchange commissionCelsius networkUs department of justiceJudge martin glennArrington capital

Celsius Network wins court approval for shift to bitcoin mining

NEW YORK (Reuters) -A U.S. bankruptcy judge has approved cryptocurrency lender Celsius Network's pivot to bitcoin mining, ruling that the company could deviate from a previously approved bankruptcy plan because creditors and customers were no worse off under the new restructuring. U.S. Bankruptcy Judge Martin Glenn in Manhattan on Wednesday said the bankruptcy plan approved in November contained enough flexibility to allow Celsius to switch to a backup plan after it hit a road block with the U.S

New yorkUnited statesDaniel wiessnerMatthew lewisMartin glennAsher genootDietrich knauthUs department of justiceUs bitcoin corpExchange commissionCelsius networkJudge martin glennArrington capital