Legal Expert: Not Enough Money to Go Around Celsius

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

In CelsiusNetwork's newly published cashflow statement, it 'miraculously found another $70 million,' attorney sashahodler says. Even so, 'there's not enough money to go around Celsius.' She dives into the crypto lender's third bankruptcy proceedings:

As a new cashflow statement comes to light in Celsius Network’s third bankruptcy hearing, Hodder Law Firm Managing Partner Sasha Hodder says the crypto lender just does not

have “enough assets to go around.” She adds that this will be particularly damaging for its Earn program customers. Plus, is Celsius still on track to run out of money by October?

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Conservatives Plot Legal Challenge To Joe Biden’s Student Debt ReliefThe president's debt forgiveness plan may get tied up in court, according to some legal experts.
Source: HuffPostParents - 🏆 414. / 53 Read more »