Celsius Network Distributes $3 Billion to Creditors Following Chapter 11 Resolution
Celsius froze withdrawals in June 2022 before finally declaring Chapter 11 bankruptcy a month later.Â
Celsius froze withdrawals in June 2022 before finally declaring Chapter 11 bankruptcy a month later.Â
The new transfers come about two weeks after Celsius sent $125 million in ETH to crypto exchanges.
Lawyers for the disgraced crypto platform are encouraging those who withdrew funds within 90 days of bankruptcy to settle by
Celsius creditors question whether its fair that they be paid back in USD once BTC has nearly tripled in price
Celsius shifts focus to Bitcoin mining, following SEC feedback in updated bankruptcy plan.
Celsius Network will move forward with its restructuring plan more than one year after filing for Chapter 11 bankruptcy.
As Sam Bankman-Fried starts his first day in court, a trial date for Alex Mashinsky of Celsius has also been
The vast majority of Celsius creditors have voted in favor of the firm's restructuring plan.Â
"Every time I start thinking the SEC can't possibly do more to fail as an institution, it proves me naive,"
Celsius has recently selected Coinbase to act as a distributor for international customers, but the deal has yet again set