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NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether
2.7.2025
Celsius has accused Tether of improperly liquidating nearly 40,000 bitcoins in order to cover an outstanding loan while it was on the precipice of bankruptcy in 2022
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
Alex Mashinsky won’t get a piece of Celsius’ bankruptcy pie, judge says
17.6.2025
Alex Mashinsky and related entities have forfeited all claims to Celsius’ bankruptcy estate as the court prioritizes restitution to creditors
Celsius token surges 300% a month after $2.5B payment to creditors
24.9.2024
Celsius token skyrockets 300% a month after paying $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.
Celsius Bankruptcy Admin Allocates $2.53B to 251,000 Creditors
27.8.2024
The Celsius Network bankruptcy administrator has reported the distribution of over $2.53 billion to approximately 251,000 creditors. This…
Celsius distributes $2.5B to 251,000 creditors amid bankruptcy proceedings
27.8.2024
Over 121,000 Celsius creditors have yet to claim their funds, according to the Celsius bankruptcy administrator.
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
27.8.2024
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report
Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff
10.8.2024
The assets in question were evidently given to Tether as collateral
Celsius small business creditors demand reimbursement after 35% cut in claims
25.6.2024
Two Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced payments from possessing corporate accounts
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 Targets Withdrawals Made 90 Days Before Bankruptcy for Repayment
10.1.2024
Source: Adobe / FellowNeko The bankrupt crypto lender Celsius Network has notified its creditors that customers who made substantial withdrawals in the 90 days leading up to the bankruptcy declaration may need to return a portion of the funds or face legal consequences. According to a notice...
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
Bitcoin Miner Hut 8 to Build Out Mining Facility in Partnership with Celsius
18.12.2023
Source: Pixabay Digital asset mining firm Hut 8 signed an interim agreement to build out and install crypto-mining facilities in collaboration with Celsius Network. In a Dec 18 press release, the Bitcoin miner signed the agreement linked to Celsius bankruptcy proceedings which will see the firm...
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 Reorganization Plan Approved by Court; Implementation by Early 2024
10.11.2023
Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year
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