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Ripple (XRP) court ruling unlikely to impact Celsius wind-up, says crypto lender’s lawyer

XRP’s resolution may have an effect on creditor funds for holdings of Celsius’ token CEL, as US chapter guidelines apply necessary downgrades to buyer claims associated to securities. Koenig mentioned the asset beforehand valued the token at $0.20, however may additionally drop to zero, whereas some collectors have argued it ought to be valued at $0.81, its obvious worth on the time of chapter in July 2022.

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