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Celsius Network granted approval to pivot to Bitcoin mining

Posted on 12/29/2023

Celsius Network granted approval to pivot to Bitcoin mining

The US Bankruptcy Court for the Southern District of New York approved Celsius Network’s restructuring plans for bitcoin mining on Wednesday. Celsius filed for Chapter 11 bankruptcy protection in July 2022. A US bankruptcy court has approved Celsius Network’s bitcoin mining shift as part of the ongoing Chapter 11 bankruptcy proceedings the collapsed crypto lender […]

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