Celsius Files Disclosure Statement for Chapter 11 Reorganization Plan

The debtor has submitted a disclosure document for a joint Chapter 11 reorganization plan.
The debtor has submitted a disclosure document for a joint Chapter 11 reorganization plan.
Celsius Network reportedly violates US regulations before declaring bankruptcy.
Celsius is permitted to sell or convert any cryptocurrencies, crypto tokens, or other crypto assets unrelated to BTC and ETH
Lawyers representing Celsius investors claim that Wintermute's trading activities manipulated the price of the CEL token and falsified the reported trading volume on the platform.
The consortium is asked to mandatorily make a $10 million deposit within three days to finalize the acquisition
As per data, Celsius transferred around 40,928 ETH to the smart aggregation contract named Figment ETH2 Beacon Depositor 1 by Etherscan.
The Celsius Web Services (CWS) initiative, which Celsius Network offered to Goldman Sachs and ADQ, aimed to white-label its products, especially those with a yield and custody focus.
The Celsius auction is scheduled for Tuesday, and Coinbase and Gemini have joined the bidding for the bankrupt firm.
Tiffany Fong, a crypto blogger and a creditor of Celsius, is purportedly in the process of being sued by Celcius for disclosing internal information
Celsius Network has declared that its Chapter 11 restructuring plan would proceed.