Celsius bankruptcy Financial News

21.11 / 19:05

SEC Celsius Celsius bankruptcy reorganization Bankrupt Crypto Lending Firm Celsius Shifts Focus to Bitcoin Mining Amid SEC Feedback on Reorganization Plan

Crypto lender Celsius has amended its reorganization plan, opting for a singular focus on bitcoin mining instead of the initially proposed combination of mining and staking.

09.11 / 20:29

business lending Earn Bankruptcy Celsius Celsius bankruptcy Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be called NewCo.

25.08 / 17:51

business regulation Altcoin Court Celsius Celsius bankruptcy Judge denies stakeholders request for representation in Celsius bankruptcy case

Judge Martin Glenn shot down efforts to have a special shareholders class declared in the Celsius Network bankruptcy case in a court document filed on Aug. 25. The judge also declined to settle whether or not the CEL token was a security.

14.07 / 16:19

business Blockchain Celsius bankruptcy 3AC co-founders' OPNX exchange onboards FTX, Celsius bankruptcy claims

OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims.

25.05 / 19:03

Blockchain Provident Digital CEO Bankruptcy Bitcoin Celsius bankruptcy Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy

Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company.

16.02 / 19:58

regulation Court Bitmain Bankruptcy Celsius Celsius bankruptcy Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons

Debtors for crypto lender Celsius Network have the authority to sell coupons for mining firm Bitmain coupons worth roughly $7.4 million following a ruling from a bankruptcy judge.

21.11 / 13:43

business Government regulation US court Celsius bankruptcy Celsius bankruptcy victims get proof-of-claim deadline from US court

The ongoing case of the Celsius bankruptcy continues as the United States Bankruptcy Court in the southern district of New York State approved a new filing deadline.

28.10 / 08:15

business Court Bankruptcy Celsius bankruptcy Celsius bankruptcy case Trustee slams $3M employee bonus motion

The U.S. Trustee overseeing the Celsius chapter 11 bankruptcy case, William Harrington, has objected to a Celsius motion that would see 62 of its 275 employees paid a retention bonus totaling $2.96 million.

15.09 / 09:29

business regulation Bankruptcy Celsius bankruptcy Celsius bankruptcy judge gives the nod for independent examiner probe

A federal judge overseeing crypto lender Celsius’ bankruptcy case has given the green light for the motion to appoint an independent examiner to investigate aspects of Celsius’ business.

26.08 / 16:07

business Government Court recovery Celsius bankruptcy Celsius bankruptcy proceedings show complexities amid declining hope of recovery

The Celsius Network is one of many crypto lending firms that has been swept up in the wake of the so-called “crypto contagion.”

15.07 / 06:25

business lending Court Bankruptcy Celsius bankruptcy Celsius bankruptcy filings show a company in deep trouble

Celsius’ bankruptcy filing has revealed some unpleasant surprises about the state of the crypto lending platform, including a $1.2 billion deficit formed largely as a result of user deposits.

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