CoinVoice latest news, according to CoinTelegraph reports, the bankruptcy court for the Southern District of New York has stated that the Celsius debtors have reached an agreement with former CEO Alex Mashinsky and his related entities, prohibiting the distribution of Celsius bankruptcy proceeds to the latter. The agreement allows Celsius debtors to allocate funds that were frozen due to claims made by Mashinsky.

In May of this year, Mashinsky was sentenced to 12 years in prison for fraud. So far this year, Celsius creditors have claimed over $1 billion in assets. [Original link]