Celsius Official Committee of Unsecured Creditors @CelsiusUcc Twitter profile

Last Seen Profiles

@yuuuk8wt8

@kris_taveras52

@jjedu_info

@nariwon

@__knoel

@carp_buun

@T_HighAthletics

@stw_pdg

@Askhan48541508

@ryomikk_b

@munene2021

@khabir30

@Denise__Headley

@arianesvow

@bdalrhmn79985

@CHESTOncology

@TheRealCdee

@stwmaniax

@CloseukD

@L4N1u4HdSblYvB2

@Kabirumediahub

@shifltr

@FluffyBeeeeee

@Kwasumi_

@thinkingmuseum

@1021TheBull

@TSnyderUSA

@zero_setsu

@polyfraggrenade

@FuseLiterary

@MillerStanIL

@Dorrongdam

@scooterwe

@AlfredGom1s

@LucaLeeDesign

@axtheaxolotl_

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

A big win for creditors today with Judge Glenn approving the UCC’s request to file an all account holder “class claim” against CNL and the other debtors for claims like fraud. This is intended to allow account holders get what they are entitled to from CNL.

93

127

933

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Last night the UCC filed its class claim for all account holders. The claim alleges claims for fraud, misrepresentation and state consumer protection violations against CNL and other debtors. Read it here:

74

108

699

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The examiner’s report shows in excruciating detail the improper, self-serving actions that Celsius (and its founders) took at customers’ expense, causing immense hardship to thousands of people. The UCC wants any responsible parties to pay for any bad acts.

112

97

613

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

No, we do not support Kelvin or any other particular exit plan. We support finishing our ongoing investigation and opening up a full, open, transparent process that benefits account holders—not insiders. More to come at today’s hearing at 2:00.

84

59

579

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

On Wednesday 9/28 at 12 noon (ET), @CelsiusUcc will hold its 1st virtual town hall event on YouTube Live to answer the community’s questions. Feel free to share your questions in advance in the comment section. The link will get posted on Wednesday morning.

174

124

521

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Last night, the UCC filed a motion for approval for the UCC or another appropriate party to file a class action or similar claim for non-contract claims (like fraud and misrepresentation) against CNL and the other debtors, on behalf of ALL account holders.

55

69

514

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

1-In connection with its investigation, the UCC has identified significant claims and causes of action that Celsius has against Alex Mashinsky and other insiders for breaching their fiduciary obligations, fraudulent transfers, and other causes of action.

71

77

469

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Last night, the UCC and Celsius took decisive action to protect account holders in matters involving Celsius Network Ltd., which holds the mining assets and is where the preferred equity holders invested.

60

68

466

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Earlier today, the Celsius auction concluded and Fahrenheit was selected as the winning bid. The BRIC bid was selected as the backup bid. The Committee appreciates the efforts of Celsius and all bidders for their efforts, which generated significant value for Celsius users.

50

89

450

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

A UCC win for account holders — after the threat of depositions and a UCC objection, @CelsiusNetwork withdrew their insider retention motion.

38

59

423

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Last night, the UCC filed an amended and updated complaint that lays out causes of action against Alex Mashinsky and other insiders. The causes of action will get contributed to a “litigation trust” and Earn creditors would receive any proceeds.

66

43

422

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@CelsiusUcc is concerned about the effort to interject an outside “examiner” into @CelsiusNetwork bankruptcy case. It will run up millions in costs when CEL should cut costs. Let @CelsiusUcc do its job for account holders @TheJusticeDept

94

46

410

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Users should carefully scrutinize statements online that Celsius can simply return coins without regulatory licenses or input. We are working hard to figure out the right answers to this complex issue. This is very important—we want to get the answer right for account holders.

67

39

384

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

On Tues, February 6, Judge Glenn will decide whether preferred equity holders get to cut ahead of Celsius customers. Last night, the UCC & Celsius filed legal briefs arguing account holders always come ahead of preferred equity holders. Don’t lose sight of this important issue.

54

47

371

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Judge Glenn just denied the request for an official preferred equity holder committee, agreeing with @CelsiusUcc and the Debtors. This ruling will likely help to reduce costs and minimize risk of further delay in the bankruptcy process.

12

48

362

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

8 months

The Plan has gone effective and the Debtors have started the process of making cryptocurrency and cash distributions!

96

48

369

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

During today’s hearing, Celsius revealed that 3x bids (in addition to NovaWulf, so a total of 4x bids are in hand) were received by the bid deadline yesterday. The UCC is reviewing those bids with Celsius to find out which bid or mix of bids maximizes the most value for account

48

54

362

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Thank you to Judge Glenn for overruling the U.S. Trustee and Preferred Equity objections to let this important process begin.

4

14

355

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@CelsiusNetwork 2nd day hearing is today. @CelsiusUcc was devastated to hear the stories directly from many account users who joined the hearing today. We want to move process forward as quickly as possible for all account holders.

27

39

351

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

We are happy to announce that the Committee and the Debtors have reached an agreement with the Earn Ad Hoc Group and Simon Dixon resolving all issues with respect to the Plan.

54

42

332

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Important update: A live auction will take place on Tuesday, April 25 to select the winning bid. Stalking horse NovaWulf will compete against 2 qualified bids. More details:

34

81

334

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The UCC will soon establish a website specifically for account holders to address key questions. In the meantime, if you are a @CelsiusNetwork account holder and you have questions please email the UCC directly here—CelsiusCommitteeInquiries @Whitecase .com

15

60

331

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Yesterday @CelsiusUcc objected to continuation of the exclusive periods. Ahead of February 15, we are continuing to work around the clock with @CelsiusNetwork & other parties to maximize value for account holders. 👉

43

30

310

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Tomorrow the US Trustee is holding the “341” meeting where creditors can ask Celsius questions under oath. @CelsiusUcc is getting lots of questions about it. 1/2

73

36

314

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

@WebbCate @Ang_0ne @SanRT1 @SimonDixonTwitt @JayLim37270031 Alex or others that perpetuated fraud should not get a dime unless and until all account holders receive 100%. That’s why we are preserving all claims against Alex and other insiders.

41

33

314

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Last night, ahead of Thursday’s hearing, Celsius made revisions to the proposed marketing procedures order to make it clear all bids — including giving equity to account holders — would be considered.

38

43

308

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Second, the UCC on behalf of the estates filed a lawsuit against Celsius Network Ltd. to unwind fraudulent transfers that dumped $10.3 billion in liabilities onto Celsius Network LLC and pilfered billions of dollars from that entity. Read more here:

13

21

303

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Here’s the Creditors’ Committee’s “mission statement” for the @CelsiusNetwork bankruptcy.

34

54

300

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The @CelsiusNetwork “2nd day” hearing is Tuesday. The @CelsiusUcc will be there representing all account holders. Here’s the agenda:

50

29

297

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The Celsius auction has been going on for 4 days now. Last night, we went on the record around 7:00 pm ET and then adjourned the auction to permit further discussion of the bids. Once we are ready to go back on the record we will let you know.

21

38

294

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

These are steps that are designed to provide value to account holders no matter what the outcome of the auction is.

13

12

286

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The Creditors' Committee supports efforts to keep the personally identifiable information of @CelsiusNetwork users confidential as part of the bankruptcy process. Read our statement in support of account holder privacy here:

30

37

289

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

We know everybody wants an answer fast. So do we. But these delays mean the process is working. The adjournments let us continue to work with the bidders to get top value for account holders. We appreciate your patience and will announce any more updates asap.

25

19

291

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The UCC will share more details soon on next steps.

11

5

277

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The UCC is in active discussions with multiple competing bidders that want to “top” the NovaWulf bid ahead of the April 17 final bid deadline. If those discussions succeed, a new plan would need to get filed. The UCC also wants the disclosure statement that is filed to provide

63

39

273

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We’ve prepared answers to some FAQs about the @CelsiusNetwork bankruptcy case. Check them out here and let us know if there’s more we should address soon:

64

55

258

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

This motion, if granted, would avoid the need for all account holders to file a proof of claim for non-contract claims. That would allow account holders receive a recovery from CNL and other debtors despite the court’s ruling in favor of preferred equity holders.

12

22

274

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We recognize how expensive the bankruptcy process can be. @CelsiusUcc therefore supports the appointment of an independent professional fee examiner to look at all professional invoices — including our own advisors.

82

28

271

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

First, the UCC and Celsius filed proceedings to “substantively consolidate” Celsius Network Ltd. and Celsius Network LLC. This would let the account holder creditors of Celsius Network LLC get treated as creditors of Celsius Network Ltd. and receive that entity’s value.

4

18

265

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Yesterday, the UCC filed a motion seeking permission to serve subpoenas on the FTX Debtors to obtain information involving suspicious CEL trading activity (incl unmasking parties we suspect were manipulating the CEL token using FTX). Read the motion here:

26

51

253

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Last night, following extensive dialogue with UCC, Celsius filed procedures for investors/buyers can submit bids for the company’s business. Court hearing is 10/20. We continue to also evaluate how Celsius may reorganize itself on its own w/o external partners.

57

46

258

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The Celsius auction is scheduled to start this afternoon. The auction will probably take time as bids are negotiated and improved. Stay tuned for updates once there is something to report. Thank you for your patience.

28

23

258

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The UCC today appealed Judge Glenn’s decision in favor of preferred equity holders on customer claims because it was wrongly decided and it should be corrected.

44

29

259

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The Celsius auction is beginning. Reminder: if you signed a nondisclosure agreement and are listening in, DO NOT broadcast the proceedings. This is necessary to ensure competitive tension and maximize value. An official transcript will be released after the auction concludes.

41

36

253

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Judge Glenn just approved the marketing procedures. The Court’s ruling will facilitate a dual-track process where @CelsiusUcc and @CelsiusNetwork can consider actionable proposals from credible external investors (to provide equity, cash, or other value to account holders).

30

40

250

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Check out the @CelsiusUcc website for @CelsiusNetwork account holders: . Stay tuned for more updates soon.

19

37

243

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Today the Creditors’ Committee OBJECTED to the request to sell mined bitcoin and other motions... Read all about it here:

28

37

250

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The Celsius auction is set to go back on the record at 10 am ET on Wednesday. Stay tuned for more updates.

30

33

241

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

The schedules and statements — lengthy financial disclosures — are being filed tonight by @CelsiusNetwork . This is a key step in the restructuring where all assets, debts, transfers, etc. are disclosed.

36

24

235

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The UCC is also evaluating if it can file a class claim for non-contract claims for all Earn creditors. That idea is under review and would require court approval, so it is not a certainty.

35

29

240

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Overnight, the UCC discussed the bids with Celsius. We’ve been here all morning continuing those discussions and the auction officially resumed at 10 am ET. We expect that the auction will go on the record later today.

16

34

233

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

1-Last night Celsius (with UCC support) selected NovaWulf to sponsor a reorganization plan that will distribute liquid crypto to all account holders, as well as create a litigation trust and provide creditors with common equity in a NewCo holding illiquid assets like mining.

90

50

236

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@SimonDixonTwitt For @CelsiusUcc , Valentines Day is end of the road—need an acceptable plan by then or we will file our own to move forward. Looking forward to much engagement soon with ALL key parties—Earn, Loans, etc.—on best way out.

89

37

232

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Celsius is seeking to sell stablecoin to generate liquidity rather than getting other financing (like a DIP). Hearing is October 6. We will review to make sure account holders are protected. Here’s the motion:

203

33

224

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

9 months

Yesterday, the Court issued an opinion and order approving the Orderly Wind Down / MiningCo transaction. The approval will allow the Debtors to commence liquid cryptocurrency distributions on the Effective Date. It also authorizes the creation of a new Bitcoin mining company

37

26

230

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@CelsiusUcc is hearing questions about Alex remaining as a director of Celsius Network Ltd. CNL’s Board of Directors has a Special Committee of 2 directors to oversee all restructuring issues. Alex is NOT on the Special Committee. Tune in Weds at noon (ET) for more Q&A.

39

34

226

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The Debtors and the UCC have decided to adjourn the auction until tomorrow. We will provide further updates tomorrow.

55

33

227

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

As @CelsiusUcc gets ready for the “2nd day” hearing on Tuesday, we’re pleased to see one thing come off the agenda — GK8 sale procedures need more time and vetting before the court should consider the proposal. We will continue to review/scrutinize before the next Sept 1 hearing.

20

22

221

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@CelsiusUcc believes that Alex’s resignation is a positive step that will allow stakeholders to focus on moving these cases forward. Read our statement on it here:

34

32

219

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The other 2x qualified bidders that will participate at the auction are: (1️⃣) Fahrenheit, LLC, whose equity is owned, directly or indirectly, by Arrington Capital, U.S. Data Mining Group, Inc. (d/b/a U.S. Bitcoin Corp.), Proof Group Capital Management LLC, Steven Kokinos, and

56

52

216

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Do you have questions on how to complete your ballot? We created a video walkthrough to help you navigate the ballot and cast your vote on the Plan. Remember the deadline to vote is September 22, 2023 at 4:00 pm ET.

Celsius | Account Holder Ballot Walkthrough

This video is provided for informational purposes only, is not legal advice, and does not create an attorney client relationship. To the extent you have any...

www.youtube.com

43

76

215

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Last night we filed a motion telling the court about our innovative strategy to communicate with account holders - including over twitter. Read about it here:

33

29

211

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The motion will be heard on an emergency basis on April 18. Read it for yourselves here:

17

13

208

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

As part of that agreement, three significant creditors — Brett Perry, Joe Lehrfeld, and Simon Dixon — will be appointed as observers to the NewCo board of directors.

20

16

205

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

It was fun to join our Co-Chair @Silkee_D and other UCC members on twitter spaces tonight to exchange ideas about @CelsiusNetwork . We look forward to more live interaction with the community, incl about complex regulatory questions.

71

11

191

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@DavidJAdler1991 We’ll hold them to that

13

7

189

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

This morning the Bankruptcy Court conditionally approved the Disclosure Statement and will soon authorize the Debtors to start soliciting votes on the Plan

14

35

189

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

2/2 - Tune in to the April 18 hearing and let Judge Glenn know you stand with the UCC on this important issue.

16

21

188

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Later today, the examiner will release her report on Celsius. We have not reviewed it in advance, so we look forward to reviewing it like everybody else. We expect the report will inform the path forward for Celsius’s creditors in many key ways.

31

30

182

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Under the Ch 11 plan, a Litigation Trust will pursue claims (including against insiders) for the benefit of Earn creditors. The Litigation Trust Oversight Committee will oversee the trust.

83

30

180

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Good news on Celsius’s bank accounts: Earlier today, @CelsiusNetwork announced it believes that all of its requests to transfer funds out of Signature Bank will be honored and that “no funds will be lost.” Full statement here:

101

35

183

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Account holders do not need to join the 341 mtg; it’s totally optional. @CelsiusUcc will be there to represent all account holders and ask questions. If you want to join, directions are here: . 2/2

32

27

181

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

5-The UCC’s goal, as always, is to maximize recoveries for the benefit of Celsius’ customers and unsecured creditors who were victims of the negligent, reckless, and fraudulent conduct of Mr. Mashinsky and others.

6

9

180

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

For those who did not join, @CelsiusNetwork and @CelsiusUcc are working as quickly as possible to figure out the appropriate regulatory framework. That work is VERY complicated and very much in process.

36

13

180

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We want to protect all of Celsius’s remaining coins from external threats and ensure account holders are protected. We’re pleased Celsius has agreed to our coin security proposal. Read it here, hear about it today in court:

31

21

179

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

At the UCC’s request, @CelsiusNetwork adjourned the 2nd day hearing before Judge Glenn from Aug 8 to Aug 16 at 2pm ET. The UCC is reviewing all of the proposed motions filed by Celsius, focused on maximizing protection of all account holders.

5

13

178

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Today’s hearing has concluded. Of particular note—Acting CEO Chris Ferraro provided an update on what Celsius is doing with its business today and answered questions regarding exposure to other exchanges given recent market activity.

31

22

172

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

As promised during the town hall, we have prepared a FAQ with a summary of the recent preferred equity decision (now being appealed) AND with info you can utilize to prepare a proof of claim for non-contract claims (fraud, etc.) against Celsius Network Limited.

43

45

173

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Next week @CelsiusNetwork is asking Judge Glenn to set up a new litigation process, this time to re-confirm customers have claims at every Celsius entity (including GK8 and mining).

30

21

174

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

The auction has adjourned for the evening. We are told by Kirkland we are reconvening at 10 am ET.

56

27

169

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

For those listening at home, we will go on the record at 12:15 pm (ET). As a reminder, DO NOT leak what you hear on the auction line to preserve the integrity of the auction process.

43

28

166

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

As soon as today’s @CelsiusNetwork status conference ends, @CelsiusUcc will open up our town hall. We look forward to updating account holders later today.

27

21

165

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

1/2 - Not a surprise: Preferred Equity OPPOSE the UCC’s request for a class claim (on behalf of all account holders) against Celsius Network Limited for non-contract claims, like fraud and malfeasance.

26

172

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Thank you to everybody who joined our town hall today. We look forward to more dialogue with account holders and unsecured creditors. Have a great weekend.

35

5

162

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Today the US government announced the closure of Signature Bank where Celsius held some of its funds. All depositors will be made whole, per US Gov. Celsius and the UCC are evaluating the situation and will provide further updates. Announcement here:

83

52

156

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We are receiving questions about disclosure of account holder names and account balances in schedules/statements. @CelsiusUcc strongly OPPOSED this, filed pleadings with the Court, and argued in court. The Court has the final say, and the Court had a different view.

29

20

159

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Welcome to the official twitter feed of the Official Committee of Unsecured Creditors in the @CelsiusNetwork bankruptcy case. Stay tuned for more news on how the Committee will protect all account holders.

13

22

159

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

1-The UCC expects to have more to say soon about this week’s “leak” story. We are also in the process of planning for another Spaces to discuss latest updates and path forward.

141

30

156

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Judge Glenn has now entered the Committee and Debtors’ proposed scheduling order to formally schedule the dates for the important estimation and intercompany court hearings:

16

31

152

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Thank you to all the account holders who joined the town hall today. We look forward to speaking with you more soon as we chart a quick path out of bankruptcy.

25

13

154

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

4-To be clear, @CelsiusUCC is open—and has a fiduciary duty—to consider any and all restructuring options, in whatever form, from whatever party, that will provide a prompt, value-maximizing outcome to account holders and unsecured creditors.

21

13

150

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We apologize for technical issues with YouTube Live. We will provide an update as soon as it is fixed and look forward to answering your questions.

50

4

153

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

2-Earlier today, Celsius agreed that any plan will include a litigation trust (or other similar entity) to prosecute the causes of action identified by the UCC for the benefit of account holders.

2

6

152

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

Reminder: if you are listening to the Celsius auction line, you signed a non-disclosure agreement and should not disclose what is happening on Telegram, Twitter or elsewhere. Period. It’s that simple. You will hurt the bidding process (and what you get as creditors).

48

21

143

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

1 year

This morning the Court entered an agreed order between the Debtors, the Committee, and the U.S. Attorney’s Office for the SDNY which stayed the trial on the equitable subordination of Mr. Mashinsky and other of Celsius’ former executive’s claims while Mr. Mashinsky’s criminal

23

25

144

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

We look forward to answering questions at our next town hall at 12pm ET on Thursday. If you can’t join, it will be recorded.

16

27

141

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Scheduling update — the next session of the “section 341” meeting of creditors is scheduled to occur at 9:30 am (ET) on October 13. Stay tuned for further details from US Trustee.

24

27

144

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

You can read all 689 pages of the examiner’s report here —

73

40

145

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

Today’s Celsius hearing is wrapping up. Judge Glenn heard argument about the bidding procedures and preferred equity committee motions. He will issue decisions in the near future on both matters. Finally, Judge Glenn will approve the appointment of a professional fee examiner.

21

18

141

Celsius Official Committee of Unsecured Creditors

@CelsiusUcc

2 years

@CelsiusUcc 1st Virtual Town Hall TODAY at 12pm ET.

31

34

139