The Committee representing customers affected by Celsius’ bankruptcy has issued a ຖະແຫຼງການພາລະກິດ as it seeks further investigation into CEO Alex Mashinsky for allegedly misleading the public.
Unsecured creditors of Celsius on ກອນກະດາຄົມ 27, formed a group that is represented by five individuals and two entities including Covario AG, a Zug-based crypto prime brokerage, to fight for the speedy recovery of their funds.
The Committee in its statement accused Celsius CEO Alex Mashinsky of allegedly promoting misleading information before the bankruptcy declaration. Mashinsky, through his public videos and messages, was reportedly promising customers that their funds were safe.
ກອງທຶນທັງຫມົດແມ່ນປອດໄພ. ພວກເຮົາຍັງສືບຕໍ່ເປີດໃຫ້ບໍລິການເປັນປົກກະຕິ
ເປັນສ່ວນຫນຶ່ງຂອງຄວາມຮັບຜິດຊອບຂອງພວກເຮົາທີ່ຈະຮັບໃຊ້ຊຸມຊົນຂອງພວກເຮົາ, @CelsiusNetwork ປະຕິບັດແລະປະຕິບັດຕາມກອບການຄຸ້ມຄອງຄວາມສ່ຽງທີ່ເຂັ້ມແຂງເພື່ອຮັບປະກັນຄວາມປອດໄພແລະຄວາມປອດໄພຂອງຊັບສິນໃນເວທີຂອງພວກເຮົາ.
- Alex Mashinsky (@Mashinsky) ອາດ 11, 2022
However, his claims proved false on June 12, when Celsius paused all withdrawals citing “extreme market conditions”. It went on to file a Chapter 11 ການລົ້ມລະລາຍ ຫນຶ່ງເດືອນຕໍ່ມາ.
The committee has appointed international law firm White & Case as its counsel and engaged restructuring advisors M3 Partners, Perella Weinberg Partners, and Blockchain analytics unit Elementis to help in the ongoing investigation.
ຕາມຂ່າວແຈ້ງວ່າ:
“The Committee is prepared to work day and night to protect the rights of its constituents who have been harmed by Celsius’ improvident decisions and is up to the task before it,”
DFPI comes after Celsius’ “Earn Program”
The Department of Financial Protection and Innovation (DFPI) on August 8, ອອກມາ a “cease and desist” order to Celsius for allegedly offering crypto interest accounts to customers without due registration.
Celsius and its CEO Alex Mashinsky are accused of providing misleading information about the risks associated with making deposits in the interest-bearing “Earn Program”. The DFPI also accused Celsius of failing to explain that in the case of sudden requests for withdrawals that it may not meet all customer’s demands when due.
According to the DFPI, the Earn Rewards accounts offered and sold by Celsius are securities in the form of investment contracts and should be registered with securities laws.
The DFPI has opened a public complaint form to receive feedback from customers impacted by Celsius’ withdrawal freeze, as it seeks to accelerate the investigation.
Source: https://cryptoslate.com/celsius-ceo-under-fire-as-committee-of-creditors-dfpi-implicate-him/