Celsius: The $4.7 billion settlement reached with the FTC will not affect its restructuring plan

ChainCatcher news, the bankrupt crypto lending company Celsius Network stated that its $4.7 billion settlement with U.S. regulators over fraud allegations will not affect its restructuring plan or the amount recovered for customers, and will "continue to seek a successful Chapter 11 plan. The Celsius special committee and leadership remain committed to ongoing cooperation with regulators and government agencies, as the company continues to focus on maximizing value for stakeholders."