Key Takeaways In a bid to address financial turbulence, Celsius Network, the crypto lender, is embarking on a mission to reclaim over $2 billion withdrawn by significant customers in the lead-up to its bankruptcy declaration in July 2022. The objective…
Key Takeaways Celsius, the cryptocurrency lending platform that filed for bankruptcy in 2022, has announced significant progress in distributing owed crypto assets to its creditors. According to court documents filed on Friday, the company has successfully distributed the majority of…
Key Takeaways Celsius Network, the bankrupt crypto lender, is in the midst of a substantial sell-off, mainly involving Ethereum (ETH), as it works to repay creditors. The latest move reveals a transfer of over $40 million worth of ETH to…
Key Takeaways Amidst the tumultuous world of cryptocurrency, the saga of Celsius, a once-prominent crypto lender, takes another intriguing turn as the company navigates its bankruptcy proceedings. Recent developments reveal that creditors who withdrew substantial sums from the platform prior…
Key Takeaways Celsius Network, the bankrupt crypto lending platform, has shared plans to unstake its existing Ethereum holdings to make it easier to distribute assets to creditors. In a recent update on X, the company, which filed for Chapter 11…
Key Takeaways Celsius Network, a beleaguered crypto lending platform, is making strides in its effort to repay customers and restructure its operations following its Chapter 11 bankruptcy filing in July 2022. During a pivotal bankruptcy hearing on October 2nd, the…
Can’t find what you’re looking for? Type below and hit enter!
