Saturday, November 18, 2023

Celsius Bankruptcy Decision Appealed to SDNY Late on Nov 14 Amid Mashinsky Case


by Matthew Russell Lee, Patreon

SDNY COURTHOUSE, Nov 14 – After Alexander Mashinsky of Celsius was arrested on July 13, US Attorney Damian Williams held a press conference, and Inner City Press asked a question, see below.

Now late on November 14, 2023, the Bankruptcy Court decision on Celsius has been appealed to the U.S. District Court for the Southern District of New York, where the appeal was found by Inner City Press. A stay has been requested - stay motion on Patreon here. Watch this site.

Back on July 13 Inner City Press asked US Attorney Williams to explain his office's thinking in agreeing to release on bail for Sam Bankman-Fried and Shakeeb Ahmed, for example, but demanding and obtaining the ongoing pre-trial detention of Avi Eisenberg and Miles Guo.  

 US Attorney Williams responded that every case is different. Inner City Press asked if his office would in the afternoon be seeking the detention of, or agreeing to release, Mashinsky. He declined to say either way, saying you will soon see.

At 2:45 pm the arraignment began, followed the the SDNY AUSAs' deal that Mashinsky would be released right after on bond. Inner City Press was there

On September 13, with no announcement, Mashinsky's co-defendant pled guilty

He is a cooperator - the plea agreement says it is understand he will share all information asked for....

More on Substack here

  The case is US v. Mashinsky, et al., 23-cr-347 (Koeltl / Wang)  Indictment on Patreon here

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