Celsius is weighing a crypto bankruptcy token to pay back creditors

Celsius is weighing a crypto bankruptcy token to pay back creditors

- Celsius is considering issuing a crypto token to repay creditors, the company said in a bankruptcy court hearing. - The move would be part of the lender's reorganization plan to exit bankruptcy. - Lawyers for the firm say reorganizing would yield more money for creditors as opposed to liquidating assets. Celsius is weighing a plan to repay creditors by issuing a new cryptocurrency, the lending platform said in a Tuesday court hearing. The move would be part of the …