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Bankruptcy judge orders $44M in crypto to be returned to Celsius customers

December 8, 2022 by DIGIT

The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts. Go to Source Powered by WPeMatico

Categories Account, custody, customer, Dixon, earn, Funds, Glenn, KERP

Judge orders probe to investigate whether Celsius was a Ponzi

November 2, 2022 by DIGIT

The Federal judge overseeing the Celsius case has asked for an investigation to look into whether the firm acted like a Ponzi scheme and has asked for additional details before approving a $3 million bonus scheme. Go to Source Powered by WPeMatico

Categories celsius, Examiner, KERP, Keyfi, Law360, Trustee

Celsius bankruptcy case Trustee slams $3M employee bonus motion

October 28, 2022 by DIGIT

The Trustee has objected to the retention bonus, citing a lack of sufficient information within the motion to warrant such a high payout and a lack of clarity around whether any recipients should be considered insiders. Go to Source Powered by WPeMatico

Categories celsius, Core Scientific, creditors, KERP, Trustee


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$90,538.00-2.23%
  • ethereumEthereum(ETH)$3,110.04-2.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.07-3.02%
  • binancecoinBNB(BNB)$889.16-2.10%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$135.74-4.93%
  • tronTRON(TRX)$0.2847960.87%
  • staked-etherLido Staked Ether(STETH)$3,106.81-2.18%
  • dogecoinDogecoin(DOGE)$0.142981-4.19%
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  • bitcoinBitcoin(BTC)$90,538.00-2.23%
  • ethereumEthereum(ETH)$3,110.04-2.05%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.07-3.02%
  • binancecoinBNB(BNB)$889.16-2.10%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$135.74-4.93%
  • tronTRON(TRX)$0.2847960.87%
  • staked-etherLido Staked Ether(STETH)$3,106.81-2.18%
  • dogecoinDogecoin(DOGE)$0.142981-4.19%