Crypto lender Celsius emerged from Chapter 11 at the end of January as its founder awaits a September criminal trial. The company went into bankruptcy owing account holders $4.7 billion. Thanks to ...
HOBOKEN, N.J.--(BUSINESS WIRE)--Celsius Network LLC (“Celsius” or the “Company”) announced today that its Disclosure Statement was approved by the United States Bankruptcy Court for the Southern ...
Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to ...
A judge overseeing bankruptcy proceedings for crypto lending firm Celsius Network has denied motions from three users with different claims on assets stuck since July. In orders filed with the United ...
As we have been discussing in prior updates, the bankruptcy case of Celsius Network LLC is reaching an important milestone as most creditors now have the ability to vote on the Plan of Reorganization ...
Lawyers for bankrupt lender Celsius Network are seeking to claw back $7.7 million from the estate of rival Voyager Digital as judges wrangle over the exact legal status of Celsius’ assets. The U.S.
Hoboken-based Celsius Network announced Thursday it selected a proposal from Fahrenheit LLC as the winning bid of a court-approved auction process. Fahrenheit is a group consisting of US Bitcoin Corp.
The concept of “property of the estate” is important in bankruptcy because it determines what property can be used or distributed for the benefit of the debtor’s creditors. Defined by section 541 of ...
Before FTX became synonymous with cryptocurrency fraud, crypto lender Celsius Network put the entire asset class on notice when it paused withdrawals in June 2022, citing extreme market conditions.
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