U.S. Bankruptcy Judge: Celsius's proposal to transform into a Bitcoin mining company may inevitably lead to a new creditor vote

ChainCatcher news, according to Reuters, a U.S. bankruptcy judge stated at a court hearing that the cryptocurrency lending firm Celsius Network may need to seek new creditor votes for its proposal to transform into a Bitcoin mining company. U.S. Bankruptcy Judge Martin Glenn, who oversees Celsius's Chapter 11 bankruptcy proceedings, indicated that this is not a deal approved by creditor votes, and the modified agreement may face strong opposition from creditors.