The Daily Hodl
2023-01-31 19:41:29

Celsius Was Using Customer Deposits To Fund Withdrawals, According to Bankruptcy Examiner

A closer look at the collapse of crypto lender Celsius shows that the firm was using customer deposits to pay for withdrawals, according to an independent examiner. In a new court filing with the United States Bankruptcy Court in the Southern District of New York, bankruptcy examiner Shoba Pillay, a former federal prosecutor, finds that Celsius The post Celsius Was Using Customer Deposits To Fund Withdrawals, According to Bankruptcy Examiner appeared first on The Daily Hodl .

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