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Bankrupt Crypto Lender Celsius Seeks to Merge UK and U.S. Entities

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.CelsiusNetwork is the latest to face allegations of poor record-keeping in its corporate structure. A court filing alleges that the distinction between its U.K. and U.S. entities was a 'sham.' jackschickler explains, presented by trondao:

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As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form ofwhich vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG
 

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Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’A court struggle over CelsiusNetwork's U.K. and U.S. arms could impact rival claims between customers and equity holders. jackschickler reports.
Source: CoinDesk - 🏆 291. / 63 Read more »