Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan

A judge also temporarily denied Celsius from paying certain employees a retention bonus, a total of nearly $3 million. The plan, which Celsiusโ€™ lawyers claimed was necessary to keep the companyโ€™s employees from jumping ship, would divide the approximately $3 million in requested funds into cash bonuses for 62 of the companyโ€™s current 274 employees.

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