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Dear Creditors,

We have been informed that Celsius Network LLC (“Celsius”) has announced that it has successfully emerged from bankruptcy by completing the transactions under its confirmed plan of reorganization (the “Plan”). The Plan includes the distribution of over US$3 billion of cryptocurrency and fiat to Celsius’ creditors, and the creation of a new Bitcoin mining company—Ionic Digital, Inc.—which will be owned by Celsius’ creditors and will have its mining operations managed by Hut 8 Corp. (

As a creditor of Celsius, Zipmex Asia Pte. Ltd. will be entitled to Celsius’s distribution.

For more information on Celsius, please visit here: