Your Resource for Government on Crypto
10.31.2023
Judge Hears Arguments on Celsius Chapter 11 Plan, Urges SEC to Act Quickly
US Bankruptcy Judge Martin Glenn heard final arguments from Celsius Network on its Chapter 11 reorganization plan, and urged the SEC to move quickly in deciding if it will authorize Celsius’ plan. Celsius asserted in its closing arguments that the plan has the support of nearly all its customers.