Celsius bankruptcy

Posted by | January 10, 2024
Celsius Seeks Repayment: Creditors Urged To Return 27.5% Of Funds

Surprisingly, bankrupt crypto lender Celsius Network customers are now facing legal action from bankruptcy managers after making substantial withdrawals within 90 days before the company’s bankruptcy declaration.  The bankruptcy managers...

Continue Reading
celsius-commits-to-massive-crypto-repayment:-$2-billion-to-creditors-by-2023’s-end
Posted by | October 4, 2023
Celsius Commits To Massive Crypto Repayment: $2 Billion To Creditors By 2023’s End

Celsius Network, a bankrupt digital asset lender, has revealed plans to begin repaying creditors using billions of dollars in crypto assets before the year’s end.  The company presented a restructuring...

Continue Reading
celsius-creditors-vote-in-favor-of-reorganization-plan
Posted by | September 25, 2023
Celsius creditors vote in favor of reorganization plan

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. 964 Total views 7...

Continue Reading
celsius-network-files-‘adversary-complaint’-against-equitiesfirst
Posted by | September 6, 2023
Celsius Network files ‘adversary complaint’ against EquitiesFirst

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. 1478 Total views 12...

Continue Reading
‘unjustly-enriched’-—-core-scientific-knocks-back-$4.7m-claim-from-celsius
Posted by | May 8, 2023
‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius

Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender. 3212 Total views 51 Total shares Bankrupt Bitcoin...

Continue Reading
by-the-numbers:-the-$1.2-billion-hole-in-celsius’-balance-sheet
Posted by | July 20, 2022
By The Numbers: The $1.2 Billion Hole In Celsius’ Balance Sheet

Celsius Network had its first limited withdrawals back on June 13th, and it had taken about one month from that point for the company to finally come forward and file...

Continue Reading