KERP – DIGIT INFO

Bankruptcy judge orders $44M in crypto to be returned to Celsius customers

DIGIT — Thu, 08 Dec 2022 03:21:12 +0000

The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.

Judge orders probe to investigate whether Celsius was a Ponzi

DIGIT — Wed, 02 Nov 2022 07:49:41 +0000

The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme.

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Celsius bankruptcy case Trustee slams $3M employee bonus motion

DIGIT — Fri, 28 Oct 2022 04:58:21 +0000

The Trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders.

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