| Celsius
Bankruptcy
Decision Is
Stayed Pending
Appeal Amid
Mashinsky Case
in SDNY
by
Matthew Russell Lee, Patreon
SDNY COURTHOUSE,
Nov 21 – 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.
Late
on November
14, 2023, the
Bankruptcy
Court decision
on Celsius was
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 was
requested -
stay motion on
Patreon here.
Docketed
on November
21, the stay
was granted:
"ORDER
granting [3]
Motion to Stay
re: [3] MOTION
to Stay
Pending
Appeal.
Because the
Bankruptcy
Court judge's
October 24,
2023 order
results in
irreparable
harm - by
requiring
Defendants-Appellants
to answer
claims that
all parties,
and the
Bankruptcy
Court judge,
collectively
acknowledge
must be
submitted to
arbitrationDefendants-Appellants'
motion to stay
the adversary
proceeding
pending
appeal, Dkt.
No. 3, is
GRANTED. The
Clerk of Court
is directed to
terminate the
motion pending
at Dkt. No. 3.
(Signed by
Judge Gregory
H. Woods on
11/20/2023)."
Full 4 page order
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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