Bankrupt crypto lender Celsius Network on Thursday filed a request for the sale of its stablecoin holdings, in a bid to raise fund for its operations.
The request was filed with United States Bankruptcy Court Southern District Of New York.
New Jersey-based Celsius had filed for bankruptcy in New York in July, after it froze withdrawals, citing "extreme" market conditions.
Celsius currently owns 11 different forms of stablecoin, for a total of about USD 23 million.
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First Published: Sept 16, 2022 3:00 PM IST
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