Celsius (CEL)
Celsius Creditors Seek Info From FTX Over Suspicious CEL Trades
Creditors of the defunct crypto lender Celsius Network are looking to issue a subpoena to FTX in order to extract info about the bankrupt crypto exchange’s users who participated in...
Celsius’ Potential Buyers Plan to Keep the Company Running
Michael Arrington, one of the buyers lined up to acquire the assets of Celsius Network, is planning to place the bankrupt crypto lender into a new company and branch out...
Celsius Network Plans Legal Action Against Angry Creditor
A court filing by Celsius Network reveals the intention of the bankrupt crypto lender to initiate legal action against the renowned crypto blogger Tiffany Fong over leaking internal information. Fong...
Celsius Delays Disclosure Statement Citing Ongoing Talk with Bidders
According to a court document dated April 12, the bankrupt crypto lender Celsius has extended the deadline for its disclosure statement by two weeks due to the ongoing discussions with...
Barse of XOUT Faces Heat Over Alleged Legal Obligation Failure
David Barse, the CEO of XOUT Capital and one of the board of directors at Celsius, is facing criticism on social media for his recent comments and his alleged failure...
Celsius Retail Users Who Withdrew below $100k Are Safe From Clawback
The Celsius Network recently released an update on its Chapter 11 bankruptcy plan. It provides a glimpse into the negotiations with retail borrowers and creditors, including treating in-kind crypto returns,...
Celsius’ New Modification Sets April 28 As Deadline For Proof Of Claim
Bankruptcy Partner at McCarter & English, LLP, David Adler reported that Celsius is making changes to its schedules, following the Customer Contract Decision. This modification enables creditors to submit proof...
Voyager Digital’s Bankruptcy Costs Less Than Half Of Celsius’
As Voyager Digital’s sale to Binance US nears, crypto sleuths are digging into the finances surrounding the defunct crypto lender’s bankruptcy. A crypto influencer who goes by the name Camc...
Judge Glenn Approves 72.5% Settlement on Celsius Custody Accounts
A United States bankruptcy judge, Martin Glenn, has approved the settlement agreement for Celsius custody account holders to receive 72.5% of their crypto claims. There will be a review of...
Celsius Releases Update on Rewards And Bonuses For Certain Customers
Bankrupt cryptocurrency lender Celsius recently stated in a tweet that it will be reissuing and mailing 1099-MISC forms for certain customers in the coming days. Celsius mentioned in the tweet...
Celsius Confirms That Its Cash at Signature Bank Is Secured
The past week saw three mainstream banks with ties to the crypto industry shut down. The prime concern among crypto stakeholders was the fate of the funds deposited with these...
Simon Dixon Loses $8.8 Million Worth Bitcoin on Celsius Network
Simon Dixon, the CEO, and co-founder of the online investment platform BnkToTheFuture.com shared a thread on his official Twitter account claiming that the liquidity-strapped crypto lending platform, Celsius Network, has...
Crypto Analysts Criticize Optimistic Celsius Recovery Projections
Bitboy Crypto founder Ben Armstrong replied to a tweet by Thomas Braziel addressing the recovery projections for Celsius. He questions, “LMAO do you know how many years it will take...
Celsius CEO Mashinsky Used Customer Funds to Buy CEL: Crypto Netizen
Twitter user Aaron Bennett tweeted how Celsius CEO Alex Mashinsky utilized customer funds to manipulate the price of CEL. According to the details from his recent tweet, the total amount...
Independent Group Mandates Celsius to Publish Reorganization Plan
Stakeholders are raising more questions over the future of the bankrupt crypto lending platform, Celsius. In a tweet, Celsians, a group unaffiliated with the defunct crypto lender, issued an ultimatum...
Former Celsius CEO Dumps $480K Worth CEL in Past 4 Days
Crypto investigation Twitter account, PeckShield Alert tweeted that an Alex Mashinsky-labeled address sold 90,000 CEL for 480,000 USDC over the span of the last 4 days. The amount was transferred...
Celsius Faces Objection Over Its Restructuring Extension Proposal
The Celsius Network is facing objections over its recent proposal to extend its restructuring period. The Unsecured Creditors Committee, along with the U.S. Trustee and an ad hoc group of...
‘Tether Never Borrowed From Celsius,’ Says Tether CTO Paolo Adroino
The fallout from the sensational report filed by Celsius’ examiner has caught the world’s largest stablecoin in its crosshairs. The independent examiner claimed in her final report that Tether had...
Celsius to Allow Eligible Users to Withdraw 94% of Custody Asset
The bankrupt crypto lender Celsius has reaffirmed the commencement of customer withdrawals in the coming days. It shared a 1,400court document via Twitter early today, noting that the withdrawal will...
Final Report Reveals Questionable Business Practices of Celsius Network
The independent examiner appointed by the U.S Bankruptcy Court for the Southern District of New York in the bankruptcy case of the Celsius Network released her final report earlier today....
Celsius Misled Its Investors: Bankruptcy Examiner States in Report
Shoba Pillay, an examiner appointed by the US judge in Celsius Network’s bankruptcy case, published a 689-page report on January 31, claiming that Celsius did not operate according to the...
“Not Your Keys, Not Your Crypto” Emphasized by Crypto Influencer
The latest event to impact the crypto markets, the downfall of FTX, is a practical example of how crypto stored on exchanges does not belong to the people that make...
NY Attorney General To Sue Former Celsius CEO For Defrauding Investors
Earlier today, New York Attorney General Letitia James’ Office tweeted a post wherein the Attorney General stated that she would be suing the former CEO of crypto platform Celsius, Alex...
US Bankruptcy Judge Issues Order on the Ownership of Celsius Assets
The US Bankruptcy Judge presiding over the Celsius bankruptcy case, Judge Martin Glenn, issued a “Memorandum Opinion and Order” regarding the ownership of the assets in the lender’s yield-bearing Earn...
CEL Bulls Outclass Bears After Lengthy Bear Run Drives Price to $0.5051
Bulls have so far been successful in reversing Celsius’s (CEL) negative trend, although price action has failed to break above the 0.5352 resistance level since yesterday. Since this bull trend...
