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Celsius Network Creditors Approve Reorganization Plan to Return Significant Portion of Their Investments



Over 98% of Celsius Network's creditor groups have voted in favor of the proposed reorganization plan, which will return between 67% and 85% of their investments. The plan also includes creditors receiving equity in a new entity called "NewCo." The final confirmation of the plan awaits approval from the U.S. Bankruptcy Court.
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