The court has approved the extension of the crypto lending platform Celsius Network’s Market Exclusivity Periods until February 15, 2023, during which Celsius has the exclusive right to file a Chapter 11 reorganization plan to maximize the recovery of bankrupt creditors’ interests . Celsius plans to use this time to continue developing an independent business plan. In addition, Celsius has asked the court to approve its sale of stablecoins to provide liquidity for its continued operations. The approval decision may be announced next week. Foresight News previously reported that the bankruptcy court set a January 3, 2023 deadline for claims by Celsius creditors, after which date creditors who did not file claims may not be eligible to receive distributions from the case.