Summarizing the Denial of Celsius’ Key Employee Retention Program Motion
Quick Take
- New York judge denies troubled crypto lender Celsius’s KERP Motion
- Celsius also filed a motion to seal and redact key details of the KERP
- These come months after Celsius filed for Chapter 11 bankruptcy protection in July 2022
- In August, a judge approved crypto lender Voyager’s KERP
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Author: Greg Lim
