Creditors will be sent ballots to vote on the plan, involving the sale of assets to a consortium including Arrington Capital and miner U.S. Bitcoin Corp, between Aug. 24 and Sept. 22. Returns for creditors – which will largely be done in bitcoin (BTC) and ether (ETH) – could range from 67% for Earn Account holders to 85.6% for those participating in Celsius’ Borrow Program, compared to just 47% for a liquidation of assets, court filings said.
Bitcoin (BTC) Could Benefit From a Trump Win and U.S. Fiscal Dominance: Standard Chartered
“In addition to the passive boost to BTC from de-dollarization, we would expect a second Trump administration to be actively...