“[The distribution] would be at a discount. We’re not envisioning a full recovery, but it’s a meaningful recovery, Your Honor,” said Ross Kwastaniet, a lawyer for Kirkland & Ellis, the white-shoe law firm representing Celsius. “It would be a one-time distribution in liquid crypto – call it bitcoin, ethereum or stablecoins. Something that has, you know, readily tradable, readily ascertainable market value to everybody who has claims below a certain threshold.”
Read More: www.coindesk.com
Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00Bitcoin (BTC) $ 96,619.00
Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03Ethereum (ETH) $ 3,607.03
Tether (USDT) $ 1.00Tether (USDT) $ 1.00Tether (USDT) $ 1.00Tether (USDT) $ 1.00Tether (USDT) $ 1.00Tether (USDT) $ 1.00Tether (USDT) $ 1.00
Solana (SOL) $ 240.71Solana (SOL) $ 240.71Solana (SOL) $ 240.71Solana (SOL) $ 240.71Solana (SOL) $ 240.71Solana (SOL) $ 240.71Solana (SOL) $ 240.71
XRP (XRP) $ 1.82XRP (XRP) $ 1.82XRP (XRP) $ 1.82XRP (XRP) $ 1.82XRP (XRP) $ 1.82XRP (XRP) $ 1.82XRP (XRP) $ 1.82
BNB (BNB) $ 650.04BNB (BNB) $ 650.04BNB (BNB) $ 650.04BNB (BNB) $ 650.04BNB (BNB) $ 650.04BNB (BNB) $ 650.04BNB (BNB) $ 650.04
Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913Dogecoin (DOGE) $ 0.418913
USDC (USDC) $ 1.00USDC (USDC) $ 1.00USDC (USDC) $ 1.00USDC (USDC) $ 1.00USDC (USDC) $ 1.00USDC (USDC) $ 1.00USDC (USDC) $ 1.00
Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07Cardano (ADA) $ 1.07
Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31Lido Staked Ether (STETH) $ 3,605.31
Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14Avalanche (AVAX) $ 44.14
TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392TRON (TRX) $ 0.203392
Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50Toncoin (TON) $ 6.50
Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890Stellar (XLM) $ 0.530890
Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02Wrapped stETH (WSTETH) $ 4,268.02
Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026Shiba Inu (SHIB) $ 0.000026
Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00Wrapped Bitcoin (WBTC) $ 96,324.00
Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70Polkadot (DOT) $ 8.70
Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21Chainlink (LINK) $ 18.21
WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18WETH (WETH) $ 3,611.18
Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36Bitcoin Cash (BCH) $ 510.36
Sui (SUI) $ 3.43Sui (SUI) $ 3.43Sui (SUI) $ 3.43Sui (SUI) $ 3.43Sui (SUI) $ 3.43Sui (SUI) $ 3.43Sui (SUI) $ 3.43
Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020Pepe (PEPE) $ 0.000020
NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82NEAR Protocol (NEAR) $ 6.82
LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68LEO Token (LEO) $ 8.68
Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81Uniswap (UNI) $ 12.81
Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63Litecoin (LTC) $ 101.63
Aptos (APT) $ 13.26Aptos (APT) $ 13.26Aptos (APT) $ 13.26Aptos (APT) $ 13.26Aptos (APT) $ 13.26Aptos (APT) $ 13.26Aptos (APT) $ 13.26
Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97Wrapped eETH (WEETH) $ 3,799.97
Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400Hedera (HBAR) $ 0.169400
Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98Internet Computer (ICP) $ 11.98
USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700USDS (USDS) $ 0.999700
Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360Cronos (CRO) $ 0.183360
Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20Ethereum Classic (ETC) $ 32.20
POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868POL (ex-MATIC) (POL) $ 0.575868
Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42Bittensor (TAO) $ 613.42
Render (RENDER) $ 8.78Render (RENDER) $ 8.78Render (RENDER) $ 8.78Render (RENDER) $ 8.78Render (RENDER) $ 8.78Render (RENDER) $ 8.78Render (RENDER) $ 8.78
Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72Artificial Superintelligence Alliance (FET) $ 1.72
Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00Ethena USDe (USDE) $ 1.00
Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976Kaspa (KAS) $ 0.154976
Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162Arbitrum (ARB) $ 0.940162
Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23Filecoin (FIL) $ 6.23
VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732VeChain (VET) $ 0.044732
Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19Celestia (TIA) $ 8.19
Dai (DAI) $ 1.00Dai (DAI) $ 1.00Dai (DAI) $ 1.00Dai (DAI) $ 1.00Dai (DAI) $ 1.00Dai (DAI) $ 1.00Dai (DAI) $ 1.00
Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876Algorand (ALGO) $ 0.419876
Stacks (STX) $ 2.28Stacks (STX) $ 2.28Stacks (STX) $ 2.28Stacks (STX) $ 2.28Stacks (STX) $ 2.28Stacks (STX) $ 2.28Stacks (STX) $ 2.28
Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045Bonk (BONK) $ 0.000045
WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48WhiteBIT Coin (WBT) $ 23.48
Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59Cosmos Hub (ATOM) $ 8.59
