Celsius Network, which filed for Chapter 11 bankruptcy in July, is considering a plan to turn its debt into crypto IOU tokens, according to a leaked audio recording of a Celsius meeting. The crypto lender owes $5B to 500,000 creditors, and even if it liquidated its assets it would still have $1.2B in costs to cover. With IOU tokens customers would have the option to redeem the tokens at a later date, trade them on the open market, or hold them to speculate on Celsius’ potential recovery.