Celsius

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. 

3 months ago

Celsius Network Transfers $1 Billion of ETH to Exchanges: Reason to Worry?

The new transfers come about two weeks after Celsius sent $125 million in ETH to crypto exchanges.

3 months ago

Celsius Threatens to Sue Creditors Who Withdrew Funds Before Collapse

Lawyers for the disgraced crypto platform are encouraging those who withdrew funds within 90 days of bankruptcy to settle by…

4 months ago

Celsius Creditors May Get “Rug Pulled” Due To Rising Crypto Prices: Analysis

Celsius creditors question whether its fair that they be paid back in USD once BTC has nearly tripled in price…

5 months ago

Celsius Announces Transition to Bitcoin Mining Focus

Celsius shifts focus to Bitcoin mining, following SEC feedback in updated bankruptcy plan.

6 months ago

Celsius Gains Bankruptcy Court Approval for its Restructuring Plan

Celsius Network will move forward with its restructuring plan more than one year after filing for Chapter 11 bankruptcy.

6 months ago

Here’s When Former Celsius CEO Mashinsky Is Officially Headed To Trial

As Sam Bankman-Fried starts his first day in court, a trial date for Alex Mashinsky of Celsius has also been…

7 months ago

95% of Celsius Creditors Vote to Accept Restructuring Plan

The vast majority of Celsius creditors have voted in favor of the firm's restructuring plan. 

7 months ago

Pro Ripple (XRP) Lawyer Baffled With This Latest SEC Decision

"Every time I start thinking the SEC can't possibly do more to fail as an institution, it proves me naive,"…

7 months ago

SEC Concerned About Coinbase’s Deal With Celsius: Report

Celsius has recently selected Coinbase to act as a distributor for international customers, but the deal has yet again set…

7 months ago