Celsius Founder Taps Defense Pro Mukasey For Fraud Case

By Rachel Scharf · July 25, 2023, 3:13 PM EDT

Prominent white collar lawyer Marc Mukasey was retained Monday night to represent the founder and former CEO of Celsius Network, who is charged in Manhattan federal court with a multibillion-dollar fraud...

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Bankruptcy Scorecard

Summary

Cryptocurrency lending platform Celsius Network LLC filed for Chapter 11 bankruptcy in July, 2022 amid a marketwide downturn known as "crypto winter." In November, it received approval a bankruptcy plan allowing customers to receive crypto asset distributions.

Case Number

1:22-bk-10964

Judge

Martin Glenn

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$5.5 billion

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Related Sections

Case Information

Case Title

USA v. MASHINSKY

Case Number

1:23-cr-00347

Court

New York Southern

Nature of Suit

Date Filed

July 11, 2023

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