The crypto lender's bankruptcy proceeding took an interesting turn this week.
popularThe crypto lender wants to sell that stockpile to keep the lights on, while customers with trapped funds on the halted platform say those assets belong to them.The committee formed to represent Celsius' account holders is now saying that those stablecoins might belong to Celsius, and not customers of its Earn program that were promised yield for keeping coins on the platform., to represent the interests of the debtor's account holders as well as unsecured creditors by the U.S.
That group said that based on their interpretation of the contractual agreement struck per the platform's Terms of Use, allowing Celsius to sell stablecoins made sense, according to court"The Committee is mindful that its position on these issues may not be popular among certain Account Holders who contend they have ongoing ownership of Earn Assets," they said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Why everyone called this SF dive bar owner when Mauna Loa eruptedAt 6 a.m., Curt Martin’s phone was already blowing up.
Leer más »
New York attorney general alleges fraud involving major nursing home owner deprived seniors of basic careThe New York attorney general has filed a lawsuit alleging a long-running financial fraud involving a major owner of U.S. nursing homes.
Leer más »
Barbershop owner gunned down and murdered while cutting 8-year-old child's hairA barber shop owner has been gunned down and murdered in his own shop while he was in the middle of cutting an 8-year-old child's hair.
Leer más »
Whether You’re a New Entrepreneur or an Established Business Owner, Ask Yourself These Three QuestionsSimple tips for setting your small business up for success in 2023.
Leer más »
Barbershop owner gunned down and murdered while cutting 8-year-old child's hairA Washington barbershop owner has been gunned down and murdered in his own shop while he was in the middle of cutting an 8-year-old child’s hair
Leer más »
LeBron James Questions Differing Backlash Against Cowboys Owner Jerry Jones And Kyrie IrvingIt was revealed last week that Jerry Jones attended a protest against desegregation in 1957, which the billionaire owner of the world’s most valuable sports team chalked up to his teenage curiosity.
Leer más »