seach-icon
  • user-img

    QONEQT in Crypto News

    03-Oct-2022 10:41 AM


    thumbnail

    DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins

    The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.

    The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed.

    The move by the DOJ adds to the objections filed last week by the Texas State Securities Board, the Texas Department of Banking, and the Vermont Department of Financial Regulation.

    “The Motions are premature and should be denied until after the Examiner Report is filed.
    Source: Cointelegraph
    #Celsius