Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says

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Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says
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JUST IN: An office in the U.S Department of Justice has asked a federal court to allow it to appoint an independent examiner to investigate Celsius Network and its financials. nikhileshde reports

Crypto Lender Celsius On Pace to Run Out of Cash by October

"No description of the types of claims the Debtors may have against this lender are made in the Mashinsky Declaration, nor is there an explanation for why legal recourse was not sought," the filing said, using the last name of Celsius CEO Alex Mashinsky."There is also no description of any investigation by the Debtors into its legal recourse."

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