Celsius Network

Celsius Second Distribution Underway to Eligible Creditors for $127M

The Celsius second distribution, part of a $3 billion reorganization plan, includes cash, crypto, and shares in Mining NewCo, a…

4 weeks ago

Celsius Network Customers’ Company Is Facing Liquidation Crisis

Some creditors of Ionic Digital, a Bitcoin mining firm tied to Celsius Network customers, are considering liquidation due to management…

4 months ago

Celsius Network Burns $90M Worth of Platform Tokens!

Celsius Network has obliterated all 652 million CEL tokens it held, amounting to a staggering $90.42 million, just six hours…

8 months ago

Celsius Reorganization Plan Will Return 98% Of Assets To Creditors

The Celsius reorganization plan says the company will distribute over $3 billion to creditors following approval from 98% of account…

11 months ago

Celsius Network Transfers $90M ETH, Redefining Market Landscape!

Celsius Network's Staked ETH has undergone a substantial transaction over the past seven days. A staggering 40,000 ETH has been…

12 months ago

Core Scientific Bankruptcy Could Be Lifted As Early As 2024

Core Scientific bankruptcy last year, exacerbated by debt owed by Celsius Network, a major client in the US cryptocurrency loan…

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 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’s Bankruptcy Plan Challenged By Retail Crypto Borrowers With $45M Deal

Retail cryptocurrency borrowers are up in arms against Celsius Network's bankruptcy plan, arguing that it unfairly favors institutional lenders over…

1 year ago

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