banking posts

• Bankrupt crypto lender Celsius gets the go-ahead to hand out $2.8 million in bonuses

  By chovy 4 months ago

  Bankrupt cryptocurrency lender Celsius has secured a judge's approval for its plan to hand out bonuses worth up to $2.8 million to keep key staff from quitting, Bloomberg has reported. Celsius asked the New York judge handling its bankruptcy case to help it prevent key workers from being poached by competitors, according to court filings. At a Monday hearing, Judge Martin Glenn approved its request, the Bloomberg report said.