According to Foresight News, insiders have revealed that creditors of Celsius Loan are planning to appeal against the company's restructuring plan. The reason behind this is the discovery that Celsius's asset recovery rate is lower than expected. The current plan has reduced the amount of money recovered from customers who hold bankrupt assets in loan accounts. The creditors of Celsius Loan have stated that they do not yet have a specific timeline for potential litigation and are still in the early stages of exploration. This development could potentially impact the company's restructuring process and its future operations. Further details about the appeal and its potential implications are yet to be disclosed.
