The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to the Chapter 11 restructuring plan of crypto lending platform Celsius Network. The objection, dated September 22, 2023, specifically targets the company's proposed arrangement with Coinbase for distribution services. The SEC is also currently engaged in a lawsuit against Coinbase, adding another layer of complexity to the situation. (Read More)
from Blockchain News https://ift.tt/INixuEq
SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase
![SEC Raises Objections to Celsius Network's Restructuring Plan Involving Coinbase]()
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September 26, 2023
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