The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling of customer funds. In...
Tag: examiner
Prime Trust dispute settled, fee examiner appointed at Celsius hearing
Parties in the Celsius bankruptcy proceedings are beginning to hash out a process for a possible auction of the company’s assets. Those assets remain in flux as crypto custodian Prime Trust agre...
Celsius To Shell Out Some $5M on Independent Examiner
The examiner filed a preliminary statement detailing her work plan going forward Investigation report due on Dec. 10, but she hasn’t received most of the data requested so far Shoba Pillay, the court-...
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
Pillay’s interim report will mark the “first time the court will hear from an independent, neutral third party on a number of critical issues in the case,” Dov Kleiner, a partner at law firm Kleinberg...
Court appoints examiner in Celsius bankruptcy case
The court has approved an examiner for the Celsius bankruptcy case, according to a new order signed by bankruptcy judge Martin Glenn. The U.S. Trustee, the representative of the Department of Justice ...
Here is why a Examiner Appointed in The Celsius Bankruptcy Case
In a recent leaked recording, Celsius is attempting to revive after it fell into a financial burden. The Southern District of New York bankruptcy judge appointed an independent examiner to examine the...
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins – Bitcoin News
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a...
Court Rules Celsius Network’s Holdings to Be Probed by Independent Examiner: Report Court Rules Celsius Network’s Holdings To Be Probed by Independent Examiner: Report
An independent examiner will look into various aspects of Celsius Network’s digital asset holdings, a US Bankruptcy Court ruled. It indicates that the failed crypto lending platform will face more str...
Celsius bankruptcy judge gives the nod for independent examiner probe
A federal judge overseeing crypto lender Celsius’ bankruptcy case has given the green light for the motion to appoint an independent examiner to investigate aspects of Celsius’ business. In an order d...
U.S Court Approves Independent Examiner in Celsius Case
4 hours ago | 2 mins read Defi News The investigator will also review the rationale behind the April service shift. Previously, the U.S. Trustee mentioned the lack of clarity around few accounts. A mo...
Celsius Bankruptcy Case to Get Independent Examiner
Celsius prompted bankruptcy filing this summer as it froze customer withdrawal from its platform. To investigate the case of Celsius Network and its eventual bankruptcy, a United States bankruptcy jud...
Judge Approves Use of Independent Examiner in Crypto Lender Celsius’ Bankruptcy Case
Celsius initiated bankruptcy proceedings earlier this summer after freezing users withdrawals on its platform in June due to “extreme market conditions.” Trouble began for the firm when spooked retail...
Bankruptcy Judge Approves For Independent Examiner
Judge Martin Glenn has approved a request to appoint an examiner in the Celsius case Examiner will look into why there was a change in account offerings Alex Mashinsky would need to provide informatio...
Vermont Regulator Supports Independent Examiner
The Vermont Branch of Monetary Guideline distributed a documenting supporting the requirement for a free inspector The controller said that Celsius and President Alex Mashinsky had made bogus and misd...
Celsius borrowers oppose US Trustee’s move to appoint internal examiner
McCarter & English, a law firm representing four Celsius borrowers, has filed a motion asking for the appointment of a chapter 11 Trustee instead of an internal examiner from the U.S. Trustee’s of...
Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
The regulator went so far as to imply that Celsius operated like a Ponzi scheme, saying the company’s admission that it did not generate enough revenue to support its yield product “shows a high level...
Vermont Regulator Supports Independent Examiner in Celsius Case
The Vermont state regulator has submitted a filing to the bankruptcy court, showing support for an independent examiner. The filing says that Celsius had not been transparent regarding its financial s...
The United States Trustee’s Requests an Independent Examiner on Celsius – crypto.news
The US trustee overseeing Celsius’ bankruptcy proceedings has requested the appointment of an independent examiner to ‘untangle’ Celsius’ financial affairs and commercial operations. Celsius Falls i...
US Trustee moves to appoint examiner in Celsius bankruptcy case
The United States Trustee wants to appoint an examiner to embattled lender Celsius to produce an unbiased public report providing transparency on the firm’s business operations, investments, tra...
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 operatio...
Celsius Bankruptcy Case Requires Independent Examiner Says US Trustee Office
The United States Trustee Office has asked for an independent probe of Celsius in the bankruptcy case. A court filing states that there were multiple questions related to the transparency of Celsius’ ...
Celsius Bankruptcy Investigated by Independent Examiner
The independent examiner will attempt to peer into the lender’s business practices, as well as the value and type of crypto it holds A committee representing Celsius users has publicly objected to the...
A Bankruptcy Examiner Should Look Into Crypto Lender Celsius Network’s Collapse, US Trustee Says
“The Debtors’ professionals acknowledge many of these facts and circumstances and have provided information requested by the United States Trustee. Irrespective of such cooperation, however, the...
Jayland Walker Shot 46 Times, Examiner Says Amid Probe Into Police Shooting
Topline Jayland Walker suffered 46 gunshot wounds in a police shooting in Akron, Ohio, last month, a medical examiner reported Friday, following nationwide protests and harrowing body camera footage r...