Judge refuses Alex Mashinsky from Celsius insolvency and provides creditors access to reserved means of over $ 2.5 billion.

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Gericht verweigert Alex Mashinsky Auszahlungen im Celsius-Insolvenzverfahren In einem bedeutenden Urteil hat ein Richter entschieden, dass Alex Mashinsky, der Mitbegründer von Celsius Network, keine Auszahlung im Rahmen des Insolvenzverfahrens des Unternehmens erhalten darf. Diese Entscheidung bedeutet, dass die zurückgehaltenen Mittel nun für die Gläubiger zur Verfügung stehen, die bereits mehr als 2,5 Milliarden Dollar erhalten …
Court refuses to pay payments in the Celsius insolvency proceedings In a significant judgment, a judge decided that Alex Mashinsky, the co-founder of Celsius Network, may not receive any payment as part of the company's bankruptcy proceedings. This decision means that the remedies retained are now available for the creditors who have already received more than $ 2.5 billion ... (Symbolbild/KNAT)

Court refuses Alex Mashinsky's payouts in the Celsius insolvency proceedings

In a significant judgment, a judge decided that Alex Mashinsky, the co -founder of Celsius Network, may not receive any payment as part of the company's bankruptcy proceedings. This decision means that the remedies retained are now available for the creditors who have already received more than $ 2.5 billion.

Celsius Network was once one of the leading platforms in the area of ​​crypto loans and savings, but experienced massive financial difficulties in 2022 to initiate insolvency proceedings. In this context, numerous demands were checked by creditors, and the judge's decision is another step in the lengthy procedure.

The retention of the agents of Mashinsky serves to ensure that the claims of the creditors are treated prioritously. This measure underlines the responsibility that creditors have in bankruptcy proceedings and shows the judicial intention to meet the company's financial obligations towards the legitimate claims.

This decision could have far -reaching consequences for Celsius' insolvency proceedings and could bring further legal and financial clarity for the parties concerned. It remains to be seen how the situation will develop and what other steps are taken as part of the procedure.