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CEL Jumps While Celsius’ Bankruptcy Protection Filing Reveals a Billion-Dollar Hole in Balance Sheet
15.7.2022
More troubling news is coming out regarding Celsius (CEL), as its so-called Chapter 11 bankruptcy protection filing on July 14 has revealed a deficit of close to USD 1.2bn for the crypto lender.
According to a new document filed with the U.S. Bankruptcy Court of the Southern District of New York...
Celsius bankruptcy filings show a company in deep trouble
15.7.2022
The bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits some believe they may not be required to give back
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
14.7.2022
During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed...
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
14.7.2022
Celsius’ mining unit said to have auctioned off some of its newly purchased mining rigs at low-high $20/TH price back in June, before filing for bankruptcy
Celsius Acknowledges $1.2B Hole in Balance Sheet
14.7.2022
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday
Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says
14.7.2022
Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss the crypto lender’s bankruptcy filing
Analysts See Recovery for CEL Tokens Despite Celsius Bankruptcy
14.7.2022
CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the tokens
BTC Shows Resilience Despite Widespread Risk Aversion and Celsius' Bankruptcy Filing
14.7.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2022
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
14.7.2022
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC)....
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
14.7.2022
The mining unit filed for bankruptcy just few months after it said it intends to go public
CEL Crashes as Celsius Enters New Chapter of Its Saga and It's Restructuring
14.7.2022
After reportedly returning all of its debt to DeFi lending protocols, troubled crypto lender Celsius (CEL) said it has initiated voluntary Chapter 11 proceedings in the US in an attempt to stabilize its business. CEL dropped following the announcement.
At 03:03 UTC, CEL trades at USD 0.538 and...
Celsius Files for Chapter 11 Bankrupcty
14.7.2022
The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
Celsius vows to return from bankruptcy but expert fears repeat of Mt Gox
14.7.2022
The company says it’s planning to continue operations throughout the restructuring process, though withdrawals will continue to be paused at this time
First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
14.7.2022
One analyst says "meh" as bitcoin climbs back above $20K, as reports surfaced that the troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis
BREAKING: Celsius reportedly filing for bankruptcy 'imminently'
14.7.2022
An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."
Celsius Starting Bankruptcy Proceedings: Report
14.7.2022
Crtypo lender's lawyers are notifying state regulators, source tells CNBC
Wobble in 'stETH' Price Shows Fear Celsius Might Dump $435M Stake
13.7.2022
The discount on stETH, a derivative of ether, surged as the crypto lender Celsius reclaimed and then transferred almost 10% of the total supply of the token
Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
13.7.2022
The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan
DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius
13.7.2022
DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency
Vermont becomes the sixth US state to launch investigation against Celsius
13.7.2022
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products