Thursday, December 12, 2024
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Ripple (XRP) Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

The XRP ruling could impact creditor repayments for holdings of Celsius’ token CEL, given U.S. bankruptcy rules which apply a mandatory downgrade to customer claims relating to securities. The estate has previously judged the token’s worth at $0.20, but it could also fall to zero, Koenig said, while some creditors

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