THE HASH: Celsius Network Might Turn its Debt Into Crypto ‘IOU’ Tokens; Crypto Mining Woes Linger

The most valuable crypto stories for Friday, Sept. 23, 2022.

“The Hash” hosts discuss the bankrupt crypto lender Celsius Network as it appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens. Plus, what Compute North’s bankruptcy filing means for giants like Marathon Digital, as a BTIG analyst downgrades the stock from buy to neutral.

See also: Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens

Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts

Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M

Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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