/ Celsius bankruptcy
Celsius Sale Proposal Could Return Creditors Up to 85% of their Holdings
Celsius creditors will receive ballots to cast their votes on the proposal between August 24 and September 22.
August 18, 2023Wall Street Giants Battling to Restart Celsius With Fresh Investments
A bidding battle between Apollo Global Management and Fortress Investment Group over Celsius may soon come to an end and help creditors recover more of their money.
May 18, 2023Celsius Network Was Selling its Customers’ Crypto to Prop Up CEL Token: Report
An examiner’s probe into Celsius has revealed that the platform purchased as much as $558 million worth of CEL tokens using customer funds.
February 07, 2023Celsius Wins Ownership of $4.2B Worth of Customers’ Funds
Judge Martin Glenn stated that Celsius’ terms of service were “unambiguous” when it comes to asset ownership.
January 04, 2023Celsius Seeks to Sell $18M of Earn Stablecoins in Bankruptcy Proceedings
Celsius Network asked the court to sell $18 million of stablecoins to fund its reorganization plan, the crypto lender said on Twitter.
December 06, 2022