A judge also temporarily denied Celsius from paying certain employees a retention bonus, payments which would have totaled nearly $3 million. The plan, which Celsius’ lawyers claimed was necessary to keep the company’s employees from jumping ship, would divide the approximately $3 million in requested funds into cash bonuses for 62 of the company’s current 274 employees.
Source: https://www.coindesk.com/policy/2022/11/10/bankrupt-crypto-lender-celsius-files-motion-to-extend-submission-time-for-reorganization-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines