Rumors have circulated that offers for Celsius crypto assets have been rejected, however, the lawyer representing Celsius’ official committee of creditors has refuted such rumours.

White & Case LLP attorneys Gregory Pesce and Aaron Colodny addressed so-called “leaked” deals for Celsius crypto assets that were shared by cryptocurrency blogger Tiffany Fong during a “town hall” event held on Twitter Space on Aug. 31. January. The event followed the examiner’s report on Celsius.

Pesce said that the notion that the offers had been rejected was completely and utterly incorrect.

Fong’s post on Substack on Jan. 27 pointed to at least five companies that were reportedly interested in bidding on Celsius crypto assets. These companies included Binance, Bank To The Future, digital galaxycryptocurrency trading firm Cumberland DRW and digital asset investment firm NovaWulf.

During that time, Fong said that the offers had been “for the most part abandoned”, referring to an earlier comment made by a Celsius lawyer who stated that the offers they had received up to that point had “not been persuasive”.

On the other hand, Celsius’s Official Committee of Unsecured Creditors (UCC) lawyer argued that this was not the situation at all.

No decision has been made on the proposals. That is completely false, and I have high hopes that I can set the record straight on that misconception today.

The lawyer did not clarify whether the offers referred to in the leak were true or not, but he did say that it was “unfortunate” since it takes away the commission’s freedom in the negotiation process.

“Every day, we and the debtors are delivering public communications and private messages to potential investors about where they are in the process,” Pesce revealed. “These messages inform potential investors about where you stand in the process.”

“The messages we send to you are very planned and structured so that we can play different parties against each other and make sure we get bottom dollar for Celsius account holders because the success of that process will determine recoveries here,” we wrote. in one of our emails. “The messages we send them are very planned and structured.”

“Therefore, it is unfortunate that this leak has occurred,” the speaker said.

“It’s especially appalling that this was marketed by the source of that leak in order to advertise their paid content page on Patreon,” he added, referring to Fong. “It’s particularly sad that this has been monetized by the source of that leak.”

Fong has given a response to the indictment, arguing that the deals that were stolen are completely free and that there is “no paywall.”

She said that the leaked offers are NOT hidden behind a paywall and that this is a strange claim.

The crypto blogger shared information about the five offerings on Substack the week before, and as of this writing, it is still possible to read the information without making a payment.

Pesce said they are now conducting an investigation into how the leak occurred, adding that there were “serious concerns that a potential investor who was involved in the process may have tried to influence it for personal gain.”

“With all of that said, we’re doing a lot of effort to ensure that we can make a decision as quickly as possible and put an end to this bankruptcy. We’re trying to minimize the impact of that.” filter as much as we can,” she added.

In light of the most recent examiner’s findings on Celsius, UCC’s lawyers also provided some further comments.

“I’ll be quite direct with you: the actions taken by Mr. Mashinsky and many other members of his staff were unethical. Mr. Mashinsky has been dishonest. “By tampering with the tapes, they were able to cover up a great deal of information. his lie,” Colodny said.

They put their own interests before those of the company and, more importantly, they put their own interests before those of the account holders.

UCC attorneys have stated that they will continue to investigate a variety of recovery options, including changing the company’s name to a new publicly traded “recovery corporation,” selling some of the company’s mining equipment, and investigating the “Celsius settlement or transferring crypto to a third party”.