“[The distribution] can be at a reduction. We’re not envisioning a full restoration, but it surely’s a significant restoration, Your Honor,” mentioned Ross Kwastaniet, a lawyer for Kirkland & Ellis, the white-shoe regulation agency representing Celsius. “It might be a one-time distribution in liquid crypto – name it bitcoin, ethereum or stablecoins. One thing that has, you recognize, readily tradable, readily ascertainable market worth to all people who has claims beneath a sure threshold.”

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