Celsius’ lead shareholder BnkToTheFuture has revealed 3 recovery solutions to rescue troubled Celsius. BnkToTheFuture and its CEO Simon Dixon, who are both depositors and shareholders, come up with a “depositors first, shareholders next” plan to support the community.
“Proposal #1: A restructuring to relaunch Celsius and allow depositors to benefit from any recovery through financial engineering.
Proposal #2: A pool of the most influential whales in Bitcoin to co-invest with the community.
And, Proposal #3: An operational plan that allows a new entity and team to rebuild and make depositors whole. ”
Simon Dixon Recommends 3 Recovery Proposals to Celsius
Celsius approached BnkToTheFuture CEO Simon Dixon seeking opinions on recovery plans to avoid bankruptcy. Dixon recommended three proposals that benefit the depositors of Celsius. Two proposals focused on restructuring and rebuilding the firm, but it doesn’t guarantee full recovery and involves financial risks.
