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Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales

Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.

Updated May 11, 2023, 4:49 p.m. Published Sep 29, 2022, 6:20 p.m.
Alex Mashinsky resigned this week as CEO of Celsius Network. (CoinDesk)
Alex Mashinsky resigned this week as CEO of Celsius Network. (CoinDesk)