The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to creditors.
Category: Celsius bankruptcy
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Celsius Network files ‘adversary complaint’ against EquitiesFirst
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.
‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender.
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Celcius reportedly prepping litigation against creditor for leaking internal info
Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.
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P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return
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Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11
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New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
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People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
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DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
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Texas, Vermont regulators object to Celsius stablecoin sale plan
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
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