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Aug 23, 2022 at 9:54 a.m. UTC
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The U.S. Trustee overseeing the Celsius Network bankruptcy is right to seek an independent examiner because the crypto lender’s CEO hasn’t been forthright with information.
Sasha Hodder, founder of Hodder Law Firm, told CoinDesk TV Friday there needs to be more “transparency” from Celsius CEO Alex Mashinsky, including a list of what creditors are owed money. Hodder's firm, which works with bitcoin and crypto entrepreneurs, is not involved in the bankruptcy proceeding.
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“If [Mashinsky] was being transparent, [the Trustee] would not have a need to pull in an independent examiner,” Hodder said on CoinDesk TV’s “First Mover.”
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