UCC

On April 10th, the FTX creditor @ AFTXcredit tweeted that the FTX Unsecured Creditors\’ Official Committee (UCC) had submitted a statement last week expressing \”cautious support\” fo

On March 29, the Official Committee of Unsecured Creditors of Celsius (UCC) tweeted that Celsius, UCC, and the Account Retention Team had reached a settlement agreement to provide

On March 13, the official unsecured creditor committee (UCC) of Celsius tweeted: “Today, the US government announced the closure of Signature Bank, and part of the funds held by Celsius are in Signature Bank. According to the US government, all depositors will receive full compensation. Celsius and UCC are assessing the situation and will provide further updates.” Interpretation of this information: The recent tweet from the official unsecured creditor committee (UCC) of Celsius has put the cryptocurrency community on high alert. The tweet captures the announcement made by the US…

On March 10, the official unsecured creditor committee (UCC) of Celsius tweeted: “U.S. federal judge Martin Glenn disagreed with the views of UCC and Celsius. He agreed with the views of the holders of preferred shares and believed that the customer did not have the right to claim for every debtor entity. UCC disagreed with the judgment and was disappointed with the result of the judgment. UCC is considering its choice to ensure that the customer obtains the maximum value from Celsius.” Interpretation of this information: The message is about…