Celsius dobi zeleno luč za pretvorbo 170 milijonov alternativnih kovancev v BTC in ETH

Celsius dobi zeleno luč za pretvorbo 170 milijonov alternativnih kovancev v BTC in ETH

  1. Celsius bankruptcy proceedings reveal the crypto lending company’s next move.
  2. The company got the go ahead to convert all its 170 million worth of altcoin.
  3. They will now proceed to convert these assets to Bitcoin (BTC) and Ethereum (ETH).

Podjetje za kripto posojila Celzija recieves approval from the judge overseeing its bankruptcy proceedings to sell its major holdings in altcoins. These include assets such as Cardano (ADA), Polygon (MATIC), Solana (SOL), and others. The sell-off began on July 1, marking a significant development in the company’s efforts to resolve its financial situation.

Glede na sodne listine from December last year, Celsius was in control of substantial amounts of various altcoins. These included 90 million MATIC, 103 million ADA, 161,000 SOL, 3.3 million LINK, 1.8 million Polka pike (DOT), 200,000 Litecoin (LTC), and 106,000 AAVE as of November 25, 2022. The exact current positions of the company in these assets and the specific portion to be sold were not disclosed.

The combined value of these positions exceeded $170 million at the time of reporting. In addition to the altcoins, Celsius also holds millions of dollars worth of stablecoins. It also holds 650 million of its own CEL token. However, it remains uncertain whether the company can liquidate its native asset.

Judge Martin Glenn’s approval grants Celsius the green light to begin exiting many of its altcoin positions. They will do so by converting them into Bitcoin (BTC) and Ether (ETH). These two primary assets will ultimately be distributed to the company’s creditors. These creditors have patiently awaited the return of their funds for almost a year.

The ruling by Judge Glenn allows Celsius to “sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets”. The ruling became effective since July 1, 2023, with the exception of tokens associated with Withhold or Custody accounts. This development marks a significant step forward in Celsius’ bankruptcy proceedings, bringing the company closer to resolving its financial obligations.

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Tags: ADABitcoinBTCCelzijaCrypto trgcryptocurrencypikaEthereumMATICSOL

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Dežela kripto novic (cryptonewsland.com) , skrajšano tudi »CNL«, je neodvisen medijski subjekt – nismo povezani z nobenim podjetjem v industriji blokovnih verig in kriptovalut. Naš cilj je zagotoviti svežo in ustrezno vsebino, ki bo pomagala zgraditi kriptoprostor, saj verjamemo v njen potencial, da vpliva na svet na bolje. Vsi naši viri novic so verodostojni in točni, kot vemo, čeprav ne jamčimo glede veljavnosti njihovih izjav in njihovih motivov za njimi. Čeprav skrbimo za dvojno preverjanje verodostojnosti informacij iz naših virov, ne dajemo nobenih zagotovil glede pravočasnosti in popolnosti kakršnih koli informacij na našem spletnem mestu, kot jih zagotavljajo naši viri. Poleg tega zavračamo vse informacije na naši spletni strani kot naložbene ali finančne nasvete. Vse obiskovalce spodbujamo, da opravijo lastno raziskavo in se posvetujejo s strokovnjakom za ustrezno temo, preden sprejmejo kakršno koli naložbeno ali trgovalno odločitev.

Celsius Gets Green Light to Convert 170M Altcoins to BTC and ETH PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Osredotočen in pozoren pripovedovalec zgodb o vsem, kar se tiče blockchaina in kriptovalut. Poleg tega, da je prebrala vsako literaturo o metaverzumu, jo je pogosto mogoče najti na industrijskih kongresih, kjer išče najnovejše novice.

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