Celsius chapter 11 bankruptcy

Celsius Creditor Repayment Of $2 Billion Worth Of Crypto Approved By Court

The court has approved Celsius creditor repayment of $2 billion worth of Bitcoin and Ethereum. The failed crypto lender aims…

1 year ago

Celsius Recovery Plan: Restarting As Bitcoin Miner With $450M Backing

According to Bloomberg, Celsius recovery plan is to restart as a user-owned Bitcoin miner, but faces challenges in repaying frozen…

1 year ago

Celsius SEC Lawsuit: Regulatory Objections To Asset Distribution Plan Via Coinbase

Recently, the Celsius SEC Lawsuit has voiced concerns about Coinbase's involvement in the bankruptcy restructuring plan of Celsius Network.

1 year ago

Celsius Now Reaches Agreement With Earn Ad Hoc Group And Simon Dixon

The Celsius Official Committee of Unsecured Creditors reached an agreement with the Earn Ad Hoc Group and Simon Dixon, resolving…

1 year ago

Celsius Network: A Story Of Greed And Deception By CEO And Lawyer

Discover the dark side of Celsius Network as CEO and lawyer stand accused of scamming customers, as per Bloomberg.

1 year ago

Bhutan’s Sovereign Wealth Fund Makes Secret Crypto Play Via BlockFi And Celsius

Bhutan's sovereign investment arm, Druk Holding & Investments, invested millions in cryptocurrencies through BlockFi and Celsius accounts. The investment arm…

2 years ago

Celsius Reopens Withdrawals For Distributable Assets In Certain Custody Accounts

Key Points: Celsius officially announced to reopen of withdrawals. The statement will be effective starting on March 2, 2023. Eligible…

2 years ago

Celsius Now Comes Out A Recovery Proposal In A Last-ditch Effort To Repay Customers

Key Points: The committee discussed the firm's suggested recovery corporation model, but also stated that it was looking into other…

2 years ago

Celsius Used New Customer Funds To Pay for Other Withdrawals

Key Points: Celsius suspended customer withdrawals on June 12, new customer deposits would have become the only liquid supply of…

2 years ago

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