Celsius Network Sets New Deadline for Creditors to File Proofs of Claim

Celsius, cryptocurrency lending platform, has made updates to its schedules in the wake of the recent Customer Contract Decision. This legal ruling has prompted Celsius to revise its terms and conditions, providing creditors with the chance to file their proof of claim during a specified period. The Bar Date has been set for April 28, 2023, meaning that creditors must submit their claim by this date to retain their right to do so.

According to David Adler, a bankruptcy partner at McCarter & English, LLP, this move by Celsius is consistent with the Customer Contract Decision. Adler tweeted about the update, advising creditors to mark their calendars with the new deadline. The Bar Date Order issued by the court sets the deadline for filing proofs of claim by creditors in the Celsius bankruptcy case.

Overall, this update serves as a reminder to creditors to act promptly if they wish to make a claim against Celsius. The deadline of April 28, 2023, is fast approaching, and creditors should take advantage of this opportunity to ensure that they receive their rightful compensation.

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