Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month, the bankrupt crypto lender informed via Twitter. The administrative expenses from the bankruptcy proceedings have already reached $53 million, and the continued delay is breaking away at Celsius’ estate.
Celsius announced in its December 29 tweet that “it is preparing to file a motion later this week requesting an extension of the bar date, which is the deadline to file a claim, from January 3, 2023, until early February. Our goal is to provide account holders with additional time to file any proofs of claim.”
Celsius is preparing to file a motion later this week requesting an extension of the bar date, which is the deadline to file a claim, from January 3, 2023, until early February.
— Celsius (@CelsiusNetwork) December 29, 2022
In addition, “This motion is scheduled to be heard by the Court at Celsius’s hearing on January 10, 2023. For now, th
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