bankruptcy

Celsius Rejected Offer To Use $3 Million To Retain Employees

Judge Martin Glenn rejected Celsius's plan to use $3 million to retain employees. He called the move "completely unacceptable". As…

2 years ago

US Federal Judge Approves Celsius’s Procurement Process Plan

A US federal judge has approved Celsius's plan for a bidding process that lays out the steps to sell the…

2 years ago

Maple Finance Tightens Lending Standards Amid Mass Bankruptcy

Maple Finance has tightened lending standards, requiring borrowers to sign a legal agreement that includes the requirement to submit independently…

2 years ago

Prime Trust Dispute Is Resolved And Fee Examiner Was Appointed At The Celsius Hearing

The mechanism for a potential asset auction for Celsius is now being worked out by the parties involved in the…

2 years ago

Su Zhu Asked To Appear In Court When CFTC And SEC Want Deep Investigation With 3AC

Three Arrows Capital liquidator Teneo asked a US court to subpoena founder Su Zhu and others via Twitter account and…

2 years ago

Celsius Has Spent More Than $3 Million On Legal Expenses

Celsius, the embattled cryptocurrency lender, has spent more than $3 million on legal expenses as it advances through Chapter 11…

2 years ago

Core Scientific Seeks Debt Recovery During Celsius Bankruptcy Process

Core Scientific is preparing to defend itself against Celsius Mining's accusations that the hosting provider broke bankruptcy provisions and breached…

2 years ago

Celsius Examiner Files Work Plan To Investigate The Company

The examiner in the Celsius bankruptcy has presented a preliminary plan, estimating the overall cost of her probe at up…

2 years ago

3 Celsius CEOs Pocketed $17 Million Before The Company’s Bankruptcy

Celsius's trio of CEOs including former chief executive Alex Mashinsky, former CSO Daniel Leon and CTO Nuke Goldstein reportedly withdrew…

2 years ago

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