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Celsius Bankruptcy Case: January 3, 2022

Co-Author, Polsinelli BitBlog

As discussed in the prior Bitblog update regarding the Celsius Network LLC, et al., (the “Debtor”) bankruptcy proceeding (Case No. 22-10964 (MG) in the Bankruptcy Court for the Southern District of New York (the “Court”)),  the last date for non-governmental creditors to file a proof of claims was set for today, January 3, 2023, at 5:00 p.m. Eastern Time (the “Claim Deadline”). The bar date for government-related claims was set as January 10, 2023. However, late last week, the Debtors filed a motion with the Court requesting an extension of the Claims Deadline.