Celsius Second Hearing Time Postponed to August 17, 2:00 BST

Aug 04,2022
KingData News: The lending platform Celsius said on Twitter that the work of a creditors' committee made up of its customers is moving forward and that the second hearing has been postponed from the previous date of August 10 to August 17 at 2:00 GMT, at which time the proceedings will move forward.
On June 13, digital asset lending platform Celsius Network announced that it would suspend all withdrawals, swaps and transfers between accounts due to extreme market conditions. On the same day, Etherscan data showed that Celsius transferred a total of approximately 111,815 ETH to FTX over the last three days. This indicator provides a real-time tracking of Celsius' funding crisis.