Continuing to Protect People From the Risks of Investing in Cryptocurrency

Alex Moshinsky lied to people about the risks of investing in Celsius, hated its deteriorating financial condition, and failed to register in New York. The court has found that all $4.2 billion worth of user assets deposited with sales assets into their interest-bearing earned product are legally the property of the Celsius bankruptcy estate. Users still have a claim against Celsius as ordinary, unsecured creditors, but they'll be looking to receive whatever reduced payment is distributed as the bankruptcy resolves. Any non-bank service which holds customer assets is in jeopardy. For many assets, self-custody isn't possible.