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Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
3.10.2022
Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July
Bankrupt Crypto Lender Celsius Network's CEO, Alex Mashinsky, Resigns
27.9.2022
The CEO of bankrupt crypto lender Celsius, Alex Mashinsky has resigned, according to a press release
Report: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency
24.9.2022
According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that...
Bitcoin Miner Marathon Digital’s Shares Downgraded After Compute North Files for Bankruptcy Protection
23.9.2022
Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22, indicates the company looks to stabilize operations in order to repay...
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
Ethereum Miner Chandler Guo Predicts 90% of PoW Miners Will Go Bankrupt
16.9.2022
Chandler Guo, a big player in Ethereum mining, told CoinDesk TV that his proof-of-work fork’s debut has earned just a 5 out of 10 rating
Celsius co-founder declares his equity is ‘worthless’ in court
7.9.2022
It's unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation
Bankrupt Crypto Lender Celsius Seeks to Reopen Withdrawals for Specific Customers
2.9.2022
Celsius Network Ltd., the crypto lender that filed for Chapter 11 bankruptcy protection on July 13, is looking to release roughly $50 million worth of crypto assets to Celsius custody account holders. Reportedly, the Celsius custody accounts did not participate in the earn and borrow program....
Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens
23.8.2022
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
19.8.2022
If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
19.8.2022
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
17.8.2022
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
17.8.2022
Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
13.8.2022
Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?
Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says
11.8.2022
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news...
Bankrupt Lender Celsius’ Token Surges on Twitter-Driven Short Squeeze
8.8.2022
The CEL token has gained about 300% since Celsius filed for bankruptcy last month
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
5.8.2022
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege...
FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager
22.7.2022
The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital
22.7.2022
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific...