cash management system

According to reports, the Celsius Network said on Twitter that it had submitted an update on the cash management system. Celsius believed that all requests for transferring funds from the Signature Bank would be met without any loss of funds. Celsius would also continue to strive to maximize the security of cash and cryptocurrency holdings, and would provide any other updates to the court and all stakeholders when necessary. Celsius will work with consultants to transfer funds from Signature Bank to other approved authorized custodians in accordance with the U.S. trustee’s guidelines. Celsius: transfer funds from Signature Bank to other approved authorized custodian Analysis based on this information:Celsius Network provided an update on its cash management system through a tweet, assuring its clients that they can expect their funds to be transferred from Signature Bank without any loss of funds. Celsius Network also emphasized its commitment to security, stating that efforts to maximize the security of both cash and cryptocurrency…