Odaily Planet Daily reported that the Celsius Official Committee of Unsecured Creditors posted on the Proceedings against Mashinsky and other former Celsius executives are on hold while the trial proceeds.
Federal prosecutors asked the Official Committee of Unsecured Creditors to agree to a stay of proceedings to avoid any possible interference with Mashinsky's criminal trial. The U.S. Attorney for the Southern District of New York has agreed to coordinate with the Litigation Administrator regarding the distribution of recovered assets in criminal cases. The Official Committee of Celsius Unsecured Creditors supports prompt enforcement and the return of recoveries to account holders.