Celsius Ordered to Return $44M of Customer’s Custodied Crypto
A U.S. bankruptcy judge has ordered the Celsius Network to return customers’ cryptocurrency that did not reach its interest-bearing accounts.
A U.S. bankruptcy judge has ordered the Celsius Network to return customers’ cryptocurrency that did not reach its interest-bearing accounts.
Zipmex was reportedly still in "advanced talks" for a potential rescue deal last month.
Celsius' next hearing is scheduled for December 5th, where it intends to advance discussions around Custody and Withhold accounts, etc.Â
The insolvent crypto lender has filed a motion seeking the court's approval to extend the submission of its restructuring plan.
Celsius Network Co-Founder Daniel Leon will step down. He has reportedly announced his departure in an internal memo.
A surprising number of crypto chief executives from top companies have resigned from their positions since the market crash in
The objection was filed due to language perceived as intentionally vague in Celsius’ request.
Despite his resignation as CEO, Mashinsky will maintain his director position at the struggling crypto lender.
Washington State Department of Financial Institutions is the new interested party in the latest chapter of Celsius' ongoing liquidity crisis.
Celsius is yet again being grilled by regulators wary of potential misconduct.