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Cryptocurrency Cointelegraph

Coinflex plans give 65% of company to creditors as part of restructuring proposal

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinflex plans give 65% of company to creditors as part of restructuring proposal

Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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