SEC Skeptical of Coinbase’s Role in Crypto Lending Firm Celsius’ Bankruptcy Process

The U.S. Securities and Exchange Commission (SEC) is opposed to Coinbase’s current involvement in Celsius’ bankruptcy plan. Celsius, a crypto lender, originally filed for bankruptcy in July 2022 after its native asset plummeted by over 99% and it was unable to fulfill customer withdrawals. The bankrupt lender’s most recent Chapter 11 plan entails using Coinbase as an The post SEC Skeptical of Coinbase’s Role in Crypto Lending Firm Celsius’ Bankruptcy Process appeared first on The Daily Hodl .