TechFlow news, according to CoinDesk, Celsius Network stated that its $4.7 billion settlement agreement with the U.S. Federal Trade Commission will not impact its restructuring or asset recovery for customers.
In a statement filed with the court on Thursday, Celsius said the company "continues to be committed to successfully executing its Chapter 11 plan."
Celsius's official committee and senior leadership remain committed to ongoing cooperation with regulators and government agencies, and continue to focus on maximizing value for stakeholders.
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