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Crypto News

Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan

A judge also temporarily denied Celsius from paying certain employees a retention bonus, a total of nearly $3 million. The plan, which Celsius’ lawyers claimed was necessary to keep the company’s employees from jumping ship, would divide the approximately $3 million in requested funds into cash bonuses for 62 of the company’s current 274 employees.

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