Celsius Bankruptcy Judge To Refer UK Crypto Consultation Paper? Here's Why

The chief U.S. bankruptcy judge who oversees Celsius case suggested that the Court could refer to UK crypto consultation paper. In a document filed on Monday, Judge Martin Glenn said there are no controlling legal precedents related to cryptocurrencies. He said the Court may consider the paper in cases involving cryptocurrency that may raise legal issues. Judge Glenn referred to the ‘Digital assets consultation paper‘ recently published by the Law Commission of England and Wales.