Key Points:Celsius would rather delay the reporting deadline for creditors until February, so that they can report the amount owed to the creditor early in February.
The bankruptcy court will hear the request to extend the deadline during a hearing on January 10. The customer requests an extension until the hearing.
According to the crypto lender its goal is to give account holders more time to submit proof of claim. The business will file a motion to postpone the bar date later in the week.
Celsius customers will have an additional deadline to file a claim. The company appears to be trying for the court to extend the deadline until February next year. According to a tweet Celsius sent Wednesday, the bankruptcy court will hear the request to extend the deadline at a hearing on January 10. The hearing will be held on January 10. The corporation would like to give account holders more time for supporting documentation. It will file a motion to postpone the bar date. Celsius requested that account holders have more time to provide supporting documentation. Celsius was granted court authority to extend its exclusive period to February 15. Celsius received this authority on December 7. The US court ordered Celsius refund the $44 million in cryptocurrency escrow accounts it had. This amount is small compared to the amount of money still held on users’ platforms. Celsius then filed with the court stating that it was being offered multiple acquisitions. Celsius advisors are still looking into the acquisition. The acquisition will be finalized in mid-January 2023. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comFoxyCoincu NewsTags: bankruptcyCelsiuscryptoCrypto Lender