Celsius bankruptcy case trustee slams $3M employee bonus motion

Cointelegraph

Published Oct 28, 2022 12:58AM ET

Updated Oct 29, 2022 03:20AM ET

The United States trustee overseeing the Celsius Chapter 11 bankruptcy case, William Harrington, has objected to a Celsius motion that would see 62 of its 275 employees paid a retention bonus totaling $2.96 million.

The trustee has blasted Celsius in its supporting statement for the objection filed on Oct. 27, noting:

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