Will Celsius Survive the Bankruptcy Process?
Plus: What are bankruptcy claims? Is Voyager any different?
Today's premium content features a behind-the-scenes interview with Thomas Braziel, founder and CEO of 507 Capital, on the Celsius bankruptcy.
In this very educational and entertaining discussion, Thomas talks about everything about bankruptcies, the US Trustee's motion and Mashinsky's MO. Here are some of the things we covered:
How Thomas got into crypto
How Thomas's parents’ background as bankruptcy lawyers influenced him
What it means to buy a bankruptcy claim
How Thomas got involved in the Celsius bankruptcy after a Twitter Spaces
Alex Mashinsky’s early untruthful strategies to raise funds
Celsius's first-day hearing, second-day hearing, and 341 meeting
Why the US Trustee motioned for an examiner to look into the bankruptcy of Celsius
Why the committee of unsecured creditors is in disagreement with the US Trustee’s motion
Whether the creditors suspect fraud and illegal activity from Celsius
Whether Celsius is going to run out of cash in the next months and what options it has
Celsius’s chances of surviving this bankruptcy
How Voyager is different from Celsius
Keep reading with a 7-day free trial
Subscribe to Unchained to keep reading this post and get 7 days of free access to the full post archives.