The Court has directed the United States Trustee to appoint an examiner in the Celsius chapter 11 cases.
The Texas State Securities Board supports the US Trustee proposal for the appointment of an examiner in the Celsius bankruptcy case.
The US Trustee requests that a final order on Celsius’ Cash Management be denied until the debtors establish they have satisfied Section 345.
William K. Harrington, United States Trustee for Region 2, seeks the appointment of an examiner in the Celsius Chapter 11 case.
Crypto firm Celsius Network LLC, which has filed for Chapter 11 bankruptcy, has secured Court permission to sell mined Bitcoin.
Celsius wants to continue to sell, pledge, transfer, assign, or otherwise monetize the Bitcoin generated from its mining activity.
Clients displeased with the actions of Celsius management bombard the New York Southern Bankruptcy Court with letters.
Celsius filed voluntary petitions for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of New York.