Celsius (CEL)
Understanding the Legal Challenges of Crypto Bankruptcies
The spate of crypto bankruptcies of major platforms like Celsius, FTX, and BlockFi have brought doubts in the crypto community on the legal uncertainties and financial turmoil coexisting within this...
Inside Celsius’ Legal War: Why the Bankrupt Lender is Targeting Its Own Users
Collapsed crypto lending platform Celsius Network is taking legal action against thousands of its former users who withdrew funds before the bankruptcy, sparking outrage in the crypto community as its...
Celsius Bankruptcy: Creditors Seek Millions in Lost Crypto Value
Two corporate creditors of bankrupt crypto lender Celsius are seeking additional compensation, claiming unfair treatment compared to individual account holders in the firm’s repayment plan. Filed on June 3, with...
Voyager Digital Announces $484.35M Recovery from FTX, 3AC and D&O
In a recent turn of events, the bankrupt crypto brokerage company Voyager Digital has announced the recovery of $484.35 million from FTX, Three Arrows Capital (3AC), and Directors and Officers...
A New Development in Celsius’ Restructuring Plan: Retrieves $2B
A recent Bloomberg report shared insights on crypto lender Celsius Network’s endeavor to retrieve funds from its major customers who withdrew their assets before the platform’s collapse in 2022. According...
Judge Grills Sam Bankman-Fried About Shared Lawyer with Celsius CEO
According to a Bloomberg report, the disgraced FTX founder Sam Bankman-Fried (SBF) makes a rare appearance in a New York courtroom on Wednesday. The hearing comes amid concerns over potential...
Celsius Receives BTC Worth $1.1B, Fueling Customer Repayment Rumor
A number of Bitcoin transfers into a wallet associated with bankrupt cryptocurrency lender Celsius has driven speculation amongst crypto community members. The large amount of the transfer has led some...
Selling Pressure Looms as Celsius Moves $1B+ ETH to Exchanges
The price of Ethereum (ETH) may face substantial selling pressure as reports circulate that bankrupt crypto lender Celsius continuously transfers billion-dollar values of ETH to centralized exchanges for potential liquidation....
Celsius Network Spots Potential Scammers Ahead of Creditors’ Repayment Exercise
Bankrupt crypto lender Celsius has alerted creditors about scammers looking to defraud them ahead of the company’s repayment exercise. In a recent post on X (formerly Twitter), Celsius advised users...
Ethereum Slumps As Celsius Transfers 13K ETH to Coinbase and FalconX
Lookonchain, the smartmoney on-chain platform, has reported significant ETH transfers involving crypto whales and the embattled crypto lender Celsius. According to Lookonchain, Celsius appears to have continued with the recent...
Bankrupt Celsius, FTX Raise Suspicions with $46M Transfer to Exchanges
Wallet addresses associated with Celsius and FTX transfer crypto assets worth millions. Celsius transferred 34M MATIC worth around $26M to Binance. FTX sent assets worth $11.45M and $5.6M to Wintermute...
Celsius’ Major Creditors to Return 27.5% of Withdrawn Funds
Celsius bankruptcy managers have filed against customers who withdrew large sums from the crypto lender within 90 days before it declared bankruptcy to return a part of the funds or...
Celsius Announces Ethereum Unstaking Plans, Moves 10K ETH to Coinbase
Cryptocurrency lending platform Celsius Network, which filed for bankruptcy in 2022, recently tweeted plans to unstake some of its holdings in Ethereum (ETH). In a series of tweets, Celsius stated...
Celsius, FTX ETH Transfers: Should Investors Be Worried?
Crypto lending service Celsius and defunct exchange FTX have been involved in different Ethereum (ETH) transactions which could affect the price of the altcoin. According to Lookonchain, Celsius transferred 7,500...
Celsius Network Might Seek New Creditor Vote for Restructuring Plan
A recent Reuters report unearthed a new development in the bankrupt cryptocurrency lending company Celsius Network’s bid to transform into a Bitcoin mining company. Reportedly, U.S. Bankruptcy Judge Martin Glenn...
Celsius Comeback Plan Faces SEC Scrutiny, Prompts Mining NewCo Changes
The bankrupt crypto lender Celsius is set to undergo a significant transformation in its operation following confirmation of its Chapter 11 by the United States Bankruptcy Court for the Southern...
Bankrupt Celsius Transfers $10.6M to FalconX: Lookonchain
A recent report from data tracker Lookonchain suggested bankrupt crypto lender Celsius might be looking to take advantage of rising cryptocurrency prices. Notably, Lookonchain, in a tweet on X, mentioned...
Celsius Escapes Bankruptcy: Court Approves Restructuring Plan
According to recent reports, the New York Bankruptcy Court has approved the bankrupt cryptocurrency firm Celsius’ restructuring plan. After which, customers could recover their funds and receive equity in the...
Celsius Creditors Urged to Exit Chapter 11 Bankruptcy Now: Details
Simon Dixon, a prominent figure in the crypto community known for keenly following Celsius’ bankruptcy proceedings, recently took to the X platform to issue stern warnings to Celsius Creditors concerning...
CEL’s Trend May Undergo Bullish Reversal as Traders Book Profits
The cryptocurrency trading signals platform SanR.app revealed in an X (formerly Twitter) post, that traders were able to profit off of the drop in Celsius’ (CEL) price over the past...
Celsius (CEL) Move 653 Million Tokens to a New Wallet: To What End?
Decentralized lending project Celsius (CEL) has transferred a substantial amount of its holdings to a new wallet. Cam Crews, who is a developer, made it known that CEL tokens were...
Expert Explains Celsius Coming Crypto Distribution, Confirmation Hearing
In a recent YouTube livestream, prominent expert Simon Dixon, known to have been following the Celsius bankruptcy proceedings, provided crucial updates about the ongoing confirmation hearings and other significant developments. ...
Celsius’s New CEO Aims for Stability and Boring Culture to Revive Bankrupt Company
Celsius’s interim Chief Executive Officer, Chris Ferraro, started implementing a different strategy than the former CEO, and the strategy made the bankrupt lender “as boring as possible,” according to Bloomberg....
Celsius Price: Is It Too Late to Sell as CEL Continues to Fall?
CEL, the native coin of the embattled Celsius banking and financial platform, continues to drop amid unending challenges. According to reports, hackers flooded the Celsius community, sending phishing emails to...
Celsius’ Former Chief Revenue Officer Pleads Guilty to Crypto Fraud
Roni Cohen-Pavon has pleaded guilty to criminal charges related to market manipulation and fraud involving CEL tokens. Cohen-Pavon has agreed to cooperate with the U.S. attorney’s office and the FBI...
