Vermont Department of Financial Regulation

A Committee of Celsius Creditors Objects to Celsius Selling Its Stablecoin Cache

A committee of unsecured creditors stemming from the Celsius bankruptcy case has filed a motion with the court to stop the now-defunct crypto lender from selling the company’s stablecoin holdings.…

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29.…

Texas, Vermont regulators object to Celsius stablecoin sale plan

Post author:MiamiCrypto
Post published:September 30, 2022
Post category:celsius Celsius bankruptcy Celsius stablecoins Texas Department of Banking Texas State Securities Board Vermont Department of Financial Regulation

A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.