Interested third party/amicus objection to receiver’s motions to set claim deadlines (Dkt 195) and to liquidate cryptocurrency in receivership estate (Dkt No. 196).

Receiver’s Motions, especially his Motion to Liquidate, raises more questions than answers. The request exceeds the scope of the CFTC’s motion for appointment of a receiver as
well as the Court’s stated purpose for appointing one. It prematurely resolves substantive issues well before they have been presented to the Court. The Receiver cannot say for certain that the request to liquidate will actually preserve the assets of the estate, so the action is not clearly in the best interests of same. The parties who stand to gain or lose by the request, the investor/creditors, have not been formally or properly approached regarding the request or its impact on them.