I have a question 1. There is a large amount of

Question

I have a question 1. There is a large amount of

BTC collateralized loans. Is there any compensation for damage to collateral?
2.If Celsius goes bankrupt due to Chapter 7, will the collateral not be returned?
3. Can I request immediate liquidation of the current collateral and put it into the deposit account?

0

16.07.2022

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Liam Автор вопроса

M N M
1. I believe they unwound their loans. No compensa...

If answer 3 is yes, do I need to communicate with the court? What if Celsius silences my questions or requests?

0

16.07.2022

M N M · Accepted Answer

M N M

1. I believe they unwound their loans. No compensation but you can file a lawsuit I suppose. 2. We would get a small portion back. Basically just whatever is left after they liquidate, pay bills, settle lawsuits etc. 3. Now that it's in chapter 11 only the courts can approve

0

16.07.2022

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