La SEC se opone al plan de quiebra de Celsius que involucra a Coinbase

• The SEC claimed Celsius’s agreement with Coinbase exceeds the services of a distribution agent.
• La SEC acusó anteriormente a Coinbase de operar como corredor sin licencia e intercambio de cifrado.
• Celsius se declaró en quiebra en 2022 y debe a los inversores miles de millones de dólares.

---

The US Securities and Exchange Commission (SEC) has objected to Celsius Network’s restructuring plan primarily because of the agency’s unresolved legal dispute with cryptocurrency exchange Coinbase.

Según un viernes presentación by the SEC, Celsius plans to use Coinbase to distribute cryptocurrency to foreign clients and needs the court’s consent for a number of agreements with the platform.

The SEC, however, claimed that “the Coinbase Agreements go far beyond the services of a distribution agent, contemplating brokerage services and master trading services that implicate many of the concerns raised in the SEC’s District Court action against Coinbase.”

The SEC’s filing added that “the debtors have confirmed that they do not intend for Coinbase to provide brokerage services to the debtors, despite the language in the Coinbase Agreements to the contrary.“ It further stated that the court “should not be asked to approve a deal where the material terms are missing or inconsistent.”

La SEC y Coinbase han estado en desacuerdo durante los últimos meses. El regulador había acusado a la cripto intercambio de violar las leyes federales de valores y luego la demandó por operar sin la licencia necesaria.

Interestingly, Coinbase Chief Legal Officer Paul Grewal wasted no time to call the SEC out for objecting to Celsius’s restructuring plans. Grewal, in a post in X, said, “Coinbase is proud to engage with Celsius to distribute crypto back to its customers. I wonder, why would the SEC object to a trusted US public company taking on this role?”

Coinbase is proud to engage with Celsius to distribute crypto back to its customers. I wonder, why would the SEC object to a trusted US public company taking on this role?  We look forward to addressing this with the bankruptcy court and undertaking our important role to make… https://t.co/5i1aJDiPXp

— paulgrewal.eth (@iampaulgrewal) 25 de septiembre de 2023

Meanwhile, Celsius’s restructuring plans have seen multiple revisions since March. The crypto lender filed for bankruptcy in 2022 and currently owes investors billions of dollars. In July, the SEC filed a lawsuit against Celsius and its former CEO, Alex Mashinsky, for allegedly raising billions through illegal and fraudulent sales of crypto assets considered to be securities.

El regulador también acusó a ambas partes de manipular el precio de su token nativo, CEL, y de engañar a los inversores sobre el verdadero estado de sus operaciones.

Interestingly, other parties have also expressed opposition to Celsius’ plan, including the U.S. Trustee, which repeated previous reservations about whether creditors have access to sufficient information to enable them to decide whether or not to support the plan.

Últimas noticias