Crypto lender Celsius Network’s lawyer and advisor fees amid its bankruptcy proceedings are projected to reach $144 million, triggering responses from members of the crypto community.
In a March 21 tweet, software developer Cam Crews shared a spreadsheet compiling the reported fees and projected fees that the bankrupt crypto lender needs to pay. According to the data, almost $102 million has been filed so far. The developer also pointed out that some months were missing and estimated that there are around $42 million in fees to be paid and filed eventually.
Congratulations to Celsius lawyers and advisors who are on track to have now passed $140M in fees, at the expense of victims left behind by @Mashinsky‘s despicable $3B fraud. pic.twitter.com/PwYJ8JLwKO
— Cam Crews (@camcrews) March 20, 2023
The tweet garnered responses from various members of the crypto community, with some even comparing the situation with Celsius to the current Silicon Valley Bank (SVB) issue and some…