As it seeks to repay creditors, bankrupt cryptocurrency lender Celsius hopes to raise more than $14 million by selling discount vouchers for mining company Bitmain before they expire. The deal includes coupons that give buyers of mining rigs a 10%-30% discount on future purchases from Bitmain, the manufacturer of the Antminer line, as well as credits that accumulate when buyers pay in installments. Celsius declared bankruptcy in July of last year, as the crypto winter set in, and is now rushing to agree on a wind-down plan, which could include establishing a recovery corporation that offers creditors liquid crypto.
