PANews reported on September 15 that court documents showed that bankrupt crypto lender Celsius and Bitcoin mining company Core Scientific reached a tentative agreement worth $45 million to resolve a long-standing legal dispute, CoinDesk reported. In the agreement, Celsius paid $14 million in cash and the remainder was adjusted claims. The transaction must be approved by judges in Texas and New York. Core and Celsius have filed for bankruptcy in these two jurisdictions respectively. . Under the agreement, Celsius also acquired 85 acres of the Cedarvale Mine in Texas.


Celsius has previously claimed hundreds of millions of dollars in damages after its mining equipment was shut down due to non-payment of dues.
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