Celsius Network – DIGIT INFO

Weekly Crypto Standouts: CEL’s 339% Surge, BNX’s 15% Decline

DIGIT — Mon, 23 Sep 2024 15:13:02 +0000

On Monday, Sept. 23, 2024, the crypto market reached a total value of $2.22 trillion, marking a 1.3% increase in just 24 hours. Over the past week, bitcoin (BTC) climbed 8.7% against the U.S. dollar, while ether (ETH) enjoyed an impressive 15.8% rise. However, other digital currencies outshined both top coins, posting even larger gains. […]

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Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit

DIGIT — Mon, 12 Aug 2024 05:46:06 +0000

Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.” Shameless Litigation Stablecoin issuer Tether Holdings Ltd. has rejected the “baseless” claims by the bankrupt crypto lender Celsius Network that the […]

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Celsius creditors vote in favor of reorganization plan

DIGIT — Tue, 26 Sep 2023 00:14:11 +0000

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.

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Celsius Network files ‘adversary complaint’ against EquitiesFirst

DIGIT — Thu, 07 Sep 2023 02:30:12 +0000

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.

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Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report

DIGIT — Thu, 06 Jul 2023 00:27:46 +0000

If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court.

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Core Scientific moves for September bankruptcy exit, expects $46M boost

DIGIT — Wed, 24 May 2023 03:31:14 +0000

Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.

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‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius

DIGIT — Tue, 09 May 2023 05:09:09 +0000

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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Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’

DIGIT — Wed, 03 May 2023 05:00:56 +0000

New court filings are pushing to straighten out the issue in a bid to help recover lost funds for customers.

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Celsius creditors demand transparency on ‘suspicious’ FTX transactions

DIGIT — Thu, 27 Apr 2023 10:04:57 +0000

Celsius creditors say info from FTX is crucial in determining if some CEL trades were meant to inflate its price artificially.

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Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale

DIGIT — Mon, 05 Dec 2022 05:19:42 +0000

The self-custody platform was acquired by Celsius in 2021 for $115 million and is now set to change hands, pending approvals.

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