Celsius Users Will Have Option To Get Cash at a Discount or ‘Remain Long’ on Crypto: Bankruptcy Management Firm

The embattled crypto brokerage Celsius Network (CEL) is outlining steps it will take to repay its customers. In a first-day presentation to the United States Bankruptcy Court for Southern District of New York, Celsius says it will offer its customers the choice to “recover either cash at a discount or remain ‘long’ crypto.