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Former Celsius CEO Alex Mashinsky and related entities have relinquished all claims to the bankrupt crypto lender’s estate, clearing the way for creditor repayments. A New York bankruptcy court approved the agreement, ensuring funds will not be diverted to Mashinsky or his affiliates.
- Mashinsky and related entities waive all claims to Celsius’ bankruptcy proceeds.
- Court-approved agreement enables creditor-focused asset distribution.
- Resolution removes legal hurdles tied to Mashinsky’s contested claims.
📎 Related coverage from: cointelegraph.com