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HomeCrypto NewsBankrupt Crypto Lender Celsius Seeks to Merge UK, U.S. Entities Amid Allegations...

Bankrupt Crypto Lender Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

Regular customers, misled by management, didn’t understand the implications of this transfer – but more sophisticated Series B investors were well aware of deficient record keeping, the filing added, arguing that the two entities should be treated as one for bankruptcy purposes.

www.coindesk.com

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