Celsius auction to include new bids from Gemini and Coinbase
The Celsius auction is scheduled for Tuesday, and Coinbase and Gemini have joined the bidding for the bankrupt firm.
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Latest firstCelsius aims to sue a creditor for leaking internal information
Tiffany Fong, a crypto blogger and a creditor of Celsius, is purportedly in the process of being sued by Celcius for disclosing internal information
Bankrupt Celsius to Proceed with Chapter 11 Restructuring Plan
Celsius Network has declared that its Chapter 11 restructuring plan would proceed.
Bankrupt Celsius custody account holders can claim 72.5% of their crypto, rules US Judge
The account holder will receive their 72.5% claim in two distributions
The claimant is refrained from pursuing any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.
US Bankruptcy Judge has now approved a settlement allowing bankrupt Celsius Custody account users to claim 72.5% of their crypto holdings.
Celsius had insolvency issues since 2020 : A report
The ultimate examiner's assessment on Celsius Network reveals the cryptocurrency lender's poor management and inefficient business practices
Bankrupt Celsius Finds 30 Potential Bidders For Its Assets
Celsius advisers plan to work with potential buyers in the upcoming weeks to improve existing bids and announce whether a sale will occur in mid-January.
Crypto firm Prime Trust to return $17 million in tokens to bankrupt Celsius
Prime Trust held approximately $119 Million of Celsius’ asset when both the firm ended their contract in June last year.
Celsius’ motion to access stablecoin faces objection from US state security officials
The objection was against Celsius' plan to sell $23 million in stablecoins as part of its efforts to access funds.
Bankrupt Celsius Network to Revive Firm with a Focus on Custody
Celsius executives want to rebuild the company with a focus on custody
Bankrupt Celsius to Release $50 Million in Custody Client’s Funds
The Motion is applicable only to Custody and Withold Accounts and for custodied assets worth $7,575 or less in value.
