Celsius

Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets to customers and outlined a new vision for moving forward. This marks an…

The New York bankruptcy court has approved Celsius Network’s restructuring plan, effectively enabling the cryptocurrency lending platform to come out of bankruptcy. Meanwhile, the US Securities and Exchange Commission (SEC)…

Failed crypto lender Celsius Network has received bankruptcy court approval for its plan to transform into a creditor-owned Bitcoin mining firm, as reported by Bloomberg.  The approval is part of a wider proposal aimed at repaying…

© Reuters. FILE PHOTO: Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Dietrich Knauth NEW YORK (Reuters) -Crypto lender…

An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi schemes,” claims the product’s creator…

Joel E. Cohen, a mathematician and biologist acting as the valuation adviser for Celsius Network through Stout Risius Ross, has verified the accuracy of the fair value of specific assets and liabilities of the debtors.…

The bankrupt crypto lender Celsius filed an adversary complaint against EquitiesFirst Holdings on Sept. 6. EquitiesFirst Holdings is an Indianapolis-based private lending company that owed Celsius nearly $439 million worth of cash and…

The assets of former Celsius CEO Alex Mashinsky have been ordered frozen by the court as he faces mounting legal battles related to the collapse of the crypto lending platform. This development comes in the wake of his arrest in July and…

It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on…

Aaron Davidson/Getty Images Entertainment Maxim Group downgraded Celsius Holdings (NASDAQ: CELH) after the beverage stock has smashed 40% year-to-date in 2023. The company called Celsius (CELH) has somewhat assessed its current trading…