Celsius is seeking to merge its entities in the UK and the US, including assets and customer claims

ChainCatcher news, the cryptocurrency lending platform Celsius is seeking to merge its UK and US entities, as court documents claim the distinction between the two is "false." According to court documents, Celsius has transferred billions of dollars between its branches in the US and the UK. To evade fraud allegations, Celsius has applied for a "substantive merger" of the two entities, including the merging of assets and customer claims. (CoinDesk)