Bankrupt Celsius, Customers Gear Up for Crypto Ownership Fight

Bloomberg Law
December 5, 2022

Amy A. Zuccarello was quoted in the article "Bankrupt Celsius, Customers Gear Up for Crypto Ownership Fight," published by Bloomberg Law on December 5, 2022. The article discusses how the US Bankruptcy Court for the Southern District of New York will rule on two categories of assets, with arguments revolving heavily around interpretation of the crypto lender’s contact with its customers.

Ultimately, contract interpretation will likely be the basis of the court’s findings, said Amy. “As far as extrapolation, I think that there is likely to be some guidance gained by the Court’s determinations because terms and conditions across platforms may contain similar language,” she added.

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