Cryptocurrency News
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
2022.08.19 18:26
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled network’s financial affairs and business operations.
In a motion filed on Aug. 18 to the United States Bankruptcy Court by William K. Harrington, the US Trustee has asked for an examiner to look into allegations of “incompetence or gross mismanagement” as well as “significant transparency issues” surrounding Celsius’ operations in the context of the bankruptcy case.
