Celsius

February 17, 2024

Celsius distributes $2B of crypto to 172K creditors

Celsius, the bankrupt cryptocurrency lender, has completed the distribution of liquid crypto assets to most eligible creditors through its distribution agents, PayPal and Coinbase. This follows […]
February 01, 2024

Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius, a cryptocurrency lending firm, has successfully navigated its way out of Chapter 11 bankruptcy in the United States. The company is now set to redistribute […]
January 10, 2024

Celsius files intent to claw back certain pre-bankruptcy withdrawals

The embattled crypto lender has filed an intent to claw back funds from those who withdrew $100,000 or more in the three months before it declared […]
January 05, 2024

Crypto lender Celsius to unstake $470M in Ether ahead of repayments

The crypto lender has 206,300 Ether currently in the staking withdrawal queue, according to Nansen.   Crypto lending platform Celsius, currently facing challenges, has officially commenced […]
December 01, 2023

Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift

Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on.   Celsius Network, […]
October 04, 2023

Alex Mashinsky’s jury trial scheduled for September 2024

According to a New York court, the former Celsius CEO will remain free on $40 million bail through the legal proceedings.   The legal challenges facing […]
September 26, 2023

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

The United States Securities and Exchange Commission (SEC) has registered an objection to the reorganization plan of Celsius Network, citing concerns related to its own ongoing […]
July 27, 2023

Judge gives US prosecutors until Oct. 3 for discovery in case against Alex Mashinsky

U.S. District Judge John Koeltl granted a continuance for former Celsius CEO Alex Mashinsky’s trial start date, citing the “volume of discovery” and the “complexity of […]
July 19, 2023

Celsius could repay all claims if Bitcoin, Ether prices rose 2X – Simon Dixon

Dixon said creditors should fight to get out of the bankruptcy proceedings before the end of 2023, or before the price of BTC and ETH hit […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up