As per the Wall Street Journal (WSJ) report, the court has appointed an examiner to dive into Celsius Network LLC’s business operating model. This latest inquiry comes as a bankruptcy judge is looking to determine if the bankrupt firm functioned as a “Ponzi Scheme.” Celsius Network founder Alex Mashinsky had $44 million locked in the platform after he withdrew $10 million for paying taxes. This withdrawal came right before the bankrupt firm froze its customers’ accounts in July.