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Celsius bankruptcy case Trustee slams $3M employee bonus motion By Cointelegraph

by Cointelegraph
October 28, 2022
in Business
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Celsius bankruptcy case Trustee slams $3M employee bonus motion

The U.S. 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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