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Did Celsius Network mislead investors?

Crypto lender Celsius Network misled investors about its financial health, using its CEL token to bolster its balance sheet and at times using new investor funds to repay old investors, the Vermont Department of Financial Regulation alleged in a new filing Wednesday.

What is the Vermont report about Celsius's management?

The Vermont report is perhaps the most damning assessment of Celsius' management since the lender's collapse this summer helped plunge the global crypto market into a tailspin.

Who are Celsius’s legal and financial advisers?

Kirkland & Ellis LLP is the legal counsel of Celsius while Centerview Partners is serving as the financial adviser. Alvarez & Marsal will be the restructuring advisor for the crypto lender.

Will judge Glenn help Celsius investors get their money back?

Hundreds of investors in Celsius have written to Judge Martin Glenn, who is overseeing the bankruptcy case, to beg for his help in getting their money back.

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