Celsius will not seek to enforce the payment obligations of outstanding loans

According to Chain Catcher news and a report by Reuters, the cryptocurrency lending platform Celsius stated in a filing with the U.S. Bankruptcy Court for the Southern District of New York that during its Chapter 11 proceedings, it is not seeking to enforce payment obligations on outstanding loans, borrowers are not required to repay such loans, and no interest or penalties will be assessed after the loans mature. (Reuters)