Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers
Bankrupt crypto lender Celsius is hoping to raise more than $14 million by selling discount vouchers for mining company Bitmain before they expire as it seeks to restore funds to creditors.
Publisher Says It’s Trying to Scrub All Traces of ‘Mashinsky Method’ Book
A book once slated to be released by Alex Mashinsky, the former CEO and founder of the bankrupt cryptocurrency lender Celsius, has been pulled before it could ever hit the shelves and the publisher of the title is trying to "remove all trace of it online."
Celsius’ Motion to Extend Timeline for Restructuring Plan Faces Objection From Creditors
The unsecured committee of creditors and others involved in crypto lending firm Celsius’ bankruptcy case have objected to a motion from the debtors delaying a reorganization plan.
Celsius Faces ‘Looming Liquidity Cliff in June’, Says Creditors Committee
Individuals involved in Celsius’ bankruptcy case objected to a motion made by the defunct crypto lender that would extend a key deadline for the second time.
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
Plans by bankrupt crypto lender Celsius to extend its restructuring plan by up to five months have been opposed by creditors and the U.S. government in legal filings made Wednesday.
Celsius Examiner Reveals Astonishing Facts; South African Retail Giant Accepts Bitcoin | Cointime Weekly Jan.29 – Feb.04
Binance re-enters South Korea with investment in crypto exchange Gopax; White House publishes ‘roadmap’ to mitigate crypto risks; Kraken has wound down operations in its Abu Dhabi office; Google invests $300Mn in AI start-up anthropic…
Celsius Was Insolvent Since Inception, Court-Appointed Examiner Reveals
According to the report by a court-appointed examiner for its bankruptcy proceedings, the collapsed cryptocurrency lending platform Celsius Network had cheated customers since its foundation as a public company in the United States, which it allegedly created to avoid regulation in the United Kingdom.
Should the Colorful Celsius CEO Be Cellmates With FTX’s CEO?
Why is one CEO being demonized while the other is free to spend the millions he “earned?” Here are my thoughts regarding the two cases.
Attorney Denies Claim of Celsius Bidding Process Being Abandoned
Legal counsel representing Celsius’ Official Committee of Unsecured Creditors has refuted recent claims that submitted bids for the crypto lender’s assets were rejected.
Celsius Publishes List of Users Eligible To Withdraw Majority of Assets
Bankrupt cryptocurrency lending firm Celsius had come up with a withdrawal process for users who had their crypto in its custody when it stopped withdrawals in June 2022.
