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Coin Edition

2023-01-31 16:33:00

Celsius Misled Its Investors: Bankruptcy Examiner States in Report

Celsius Misled Its Investors: Bankruptcy Examiner States in Report

Shoba Pillay, an examiner appointed by the US judge in Celsius Network’s bankruptcy case, published a 689-page report on January 31, claiming that Celsius did not operate according to the model it advertised and sold to its customers. After interviewing employees and stakeholders, including the company’s founder, customers, and vendors, Pillay concluded: In every key The post Celsius Misled Its Investors: Bankruptcy Examiner States in Report appeared first on Coin Edition .

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