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Nalezeno "Celsius bankruptcy": 59

Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy

1.2.2024
The distribution will be made through PayPal and Coinbase

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure

5.1.2024
The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows

Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Clients

29.11.2023
The now-inoperative crypto lending firm Celsius has announced the opening of withdrawals for select “Eligible Custody Users,” as declared in a recent statement on Wednesday. These custody account holders now have the opportunity to withdraw approximately 72% of their cryptocurrency...

Bankrupt Crypto Lending Firm Celsius Shifts Focus to Bitcoin Mining Amid SEC Feedback on Reorganization Plan

21.11.2023
Source: Adobe/Canva Crypto lender Celsius has amended its reorganization plan, opting for a singular focus on bitcoin mining instead of the initially proposed combination of mining and staking. In a court filing on Monday, Celsius signaled its departure from the earlier Plan that combined both...

Celsius Moves $10 Million in Ethereum to Exchange Following Bankruptcy Plan Approval

15.11.2023
Celsius transfers millions in Ethereum to an exchange as part of a strategic shift post-bankruptcy. Image by Rafael Henrique, Adobe Stock Crypto lending company Celsius has transferred over $10 million worth of Ethereum to an exchange on Wednesday, just 6 days after a judge approved...

Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan

9.11.2023
In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order for the modified joint Chapter 11 Plan of the crypto lender. The approval sets the stage for a significant overhaul following the tumultuous financial...

Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

9.11.2023
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company

Celsius valuation advisor approves value of debtors’ assets and liabilities

28.9.2023
Stout Risius Ross, LLC, the valuation advisor for Celsius Network confirmed the accuracy of the bankrupt firm's valuation report

Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan

26.9.2023
Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them

Celsius creditors vote in favor of reorganization plan

26.9.2023
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors

SEC raises concerns over Coinbase in objection to Celsius restructuring plan

25.9.2023
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC's reasoning in its Sept. 22 objection

Steve Kokinos, Creditors Named to Run Celsius 2.0

11.9.2023
Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee

Celsius Network files 'adversary complaint' against EquitiesFirst

7.9.2023
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto

Celsius Token Holders Lose Bid to Hike CEL Valuation

25.8.2023
Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation

Celsius Creditors to Vote on Bankruptcy-Escape Plan After Judicial Approval

18.8.2023
Creditors will have a month to mull the sale to Fahrenheit, which court filings say could see them recover 67%-85% of holdings

Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

14.8.2023
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October

US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit

7.8.2023
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decision blocks the attempt by Mashinsky to stop James...