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- Celsius, a cryptocurrency platform, went into bankruptcy protection on July 13, 20221. However, on November 9, 2023, the court approved Celsius' plan to restructure, which started rolling out on January 31, 20241. Users may still need to report any taxable transactions on Celsius prior to the platform halting operations2.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Celsius went into bankruptcy protection on July 13, 2022, leaving many investors eager for updates and a way to get back their investments. On November 9, 2023, the court approved Celsius' plan to restructure, which started rolling out on January 31, 2024.koinly.io/blog/celsius-bankruptcy-taxes/Celsius paused all withdrawals, swaps and transfers on the 12th of June 2022 and filed for bankruptcy on the 14th of July 2022. Despite this, users may still need to report any taxable transactions on Celsius prior to the platform halting operations.koinly.io/integrations/celsius/
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