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Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius

Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices.Pillay is a former federal prosecutor and partner at law firm Jenner & Block.

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