Firm News

Dov Kleiner speaks with CoinDesk about Celsius Network’s pending interim report

Firm News | October 12, 2022 | Creditors’ Rights and Bankruptcy Litigation | Digital Assets and Cryptocurrency

In an interview with CoinDesk, Kleinberg Kaplan Partner Dov Kleiner weighed in on the potential impact of the interim report recently ordered by U.S. bankruptcy Judge Martin Glenn in Celsius Network’s bankruptcy case.

The independent examiner’s report will detail, among other things, Celsius’ financial management and handling of customer accounts, and marks the “first time the court will hear from an independent, neutral third party on a number of critical issues in the case,” said Dov.

The findings are expected to provide analysis on “where currencies were held, how they were stored and moved around and to whom they currently belong,” he added.

To read the full article, “Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius,” please click here.