A federal judge from the United States Bankruptcy Court for the Southern District of New York has allowed the U.S. Trustee’s office to appoint an independent examiner to investigate the affairs at the New Jersey-based bankrupt cryptocurrency lending company Celsius Network. It was on 13 July 2022 that the Celsius Network said that it had […]
A federal judge from the United States Bankruptcy Court for the Southern District of New York has
The United States Trustee is a Department of Justice component responsible for overseeing the administration of bankruptcy cases.
The exchange said that none of its offerings were securities and it remained committed to complying with state regulations in its operations.reportedThe same month, a pair of leading digital tokens, viz. Luna and TerraUSD, collapsed. The Wall Street Journal The exchange said that it has $167 million in liquidity to support its current operations as it restructures its business. It also requested the authorities to pay its employees while customer claims shall be settled through the Chapter 11 process.
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