Celsius

Celsius seeks to claw back $2B in customer withdrawals: Report

Celsius, Cryptocurrencies /

Celsius seeks to claw back $2B in customer withdrawals: Report 2024-03-20 at 19:01 By Cointelegraph by Zhiyuan Sun The move would allegedly serve as an equity remedy to repay customers who did not withdraw their funds in time before Celsius’ collapse. This article is an excerpt from Cointelegraph.com News View Original Source React to this […]

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Celsius creditors allege 30% less compensation than promised during bankruptcy

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Celsius creditors allege 30% less compensation than promised during bankruptcy 2024-03-15 at 16:01 By Cointelegraph by Christopher Roark Some Celsius account holders claim they are being forced to accept U.S. dollars instead of crypto, resulting in much smaller payments than they were initially promised. This article is an excerpt from Cointelegraph.com News View Original Source

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Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift

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Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift 01/12/2023 at 12:03 By Cointelegraph by Amaka Nwaokocha Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. This article is an excerpt from Cointelegraph.com News View Original Source

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Celsius grants access to withdrawals for eligible crypto holders

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Celsius grants access to withdrawals for eligible crypto holders 30/11/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha Eligible participants can withdraw 72.5% of their cryptocurrency holdings, subject to transaction fees reducing the total. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

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Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors 10/11/2023 at 01:02 By Cointelegraph By Derek Andersen 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. This article is an excerpt from Cointelegraph.com News View Original

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SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report

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SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report 09/11/2023 at 10:02 By Cointelegraph By Brayden Lindrea “If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated. This article is an excerpt from Cointelegraph.com News View Original

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Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0

BlockFi, Celsius, Hashrate Product, Lending, Luxor Technology, Matt Williams, Mining Pool, Ponzi Scheme, Rehypothication, Unchained /

Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0 06/11/2023 at 06:02 By Cointelegraph By Brayden Lindrea “The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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CME Bitcoin futures hit record high, but uncertainty looms above $36K

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CME Bitcoin futures hit record high, but uncertainty looms above $36K 03/11/2023 at 20:07 By Cointelegraph By Marcel Pechman CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Alex Mashinsky’s jury trial scheduled for September 2024

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Alex Mashinsky’s jury trial scheduled for September 2024 03/10/2023 at 21:02 By Cointelegraph By Turner Wright According to a New York court, the former Celsius CEO will remain free on $40-million bail through the legal proceedings. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Celsius seeks court approval to start repaying customers by year-end

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Celsius seeks court approval to start repaying customers by year-end 03/10/2023 at 09:02 By Cointelegraph By Martin Young The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Celsius valuation advisor approves value of debtors’ assets and liabilities

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Celsius valuation advisor approves value of debtors’ assets and liabilities 28/09/2023 at 13:05 By Cointelegraph By Arijit Sarkar Stout Risius Ross, the valuation advisor for Celsius Network, confirmed the accuracy of the bankrupt firm’s valuation report. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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SEC raises concerns over Coinbase in objection to Celsius restructuring plan

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SEC raises concerns over Coinbase in objection to Celsius restructuring plan 25/09/2023 at 22:02 By Cointelegraph By Turner Wright Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan

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Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan 20/09/2023 at 09:02 By Cointelegraph By Martin Young Creditors of crypto lender Celsius Network have reported receiving a new flood of phishing emails, likely resulting from two data breaches last year. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Celsius and Core Scientific propose $14M settlement for litigation

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Celsius and Core Scientific propose $14M settlement for litigation 15/09/2023 at 20:02 By Cointelegraph By Turner Wright Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. This article is an excerpt from Cointelegraph.com News View

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Alex Mashinsky’s assets frozen by US court as part of criminal case

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Alex Mashinsky’s assets frozen by US court as part of criminal case 06/09/2023 at 19:02 By Cointelegraph By Turner Wright The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform. This article is an excerpt from Cointelegraph.com News View Original Source React

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Crypto collapses generate hundreds of millions of dollars for lawyers

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Crypto collapses generate hundreds of millions of dollars for lawyers 05/09/2023 at 15:03 By Cointelegraph By Helen Partz Lack of cryptocurrency regulations have made the legal work on crypto bankruptcies more difficult and expensive, FTX lawyers said. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Judge denies stakeholders request for representation in Celsius bankruptcy case

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Judge denies stakeholders request for representation in Celsius bankruptcy case 25/08/2023 at 20:47 By Cointelegraph By Tristan Greene The judge also declined to declare CEL token “not a security,” despite related rulings in the SEC vs Ripple case. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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