Celsius Seeks $2 Billion Clawback from Customers
Celsius, the defunct crypto lending company, is on a drive to recoup $2 billion from key customers who made significant withdrawals just before its bankruptcy...
Tag : Celsius
Ex-CEO Sam Bankman-Fried Sticks with New Legal Team Amidst Conflict of Interest Concerns
by Kevin Wilson
In a startling turn of events, former FTX CEO Sam Bankman-Fried (SBF), who faces sentencing on March 28, 2024, has confirmed his decision to retain...
Core Scientific Secures $55M in Equity
by Robert Paul
Bitcoin miner Core Scientific has successfully closed a $55 million equity financing round, marking a significant step toward its emergence from Chapter 11 bankruptcy. The...
Celsius Initiates Ethereum Unstaking for Creditor Repayments
by Cheryl Lee
Celsius, the troubled crypto lending platform, has initiated the process of recalling and rebalancing its crypto assets, including Ether (ETH), as it prepares for “timely...
Celsius Network Considers Vote on Bitcoin Mining Transition Amid Bankruptcy Proceedings
by Chloe Taylor
Celsius Network, a platform for lending cryptocurrency, may need to seek a fresh vote from creditors for its intended transition to a Bitcoin mining venture,...
Crypto Lender Celsius Allows Select Users to Retrieve Funds Amid Legal Battles
In a significant development amid financial instability and legal hurdles, the embattled cryptocurrency lending platform Celsius has initiated withdrawals for specific users, according to a...
Celsius Seeks Court Approval for Customer Repayments
by Cheryl Lee
Crypto lender Celsius Network, currently facing challenges, has informed a judge of its intention to initiate customer repayments by the end of the year, as...
SEC and Coinbase Clash Over Celsius’ Request for Distribution Agent Role
by Chloe Taylor
The U.S. Securities and Exchange Commission (SEC) and cryptocurrency exchange Coinbase are at odds over the distribution agent function that defunct crypto lender Celsius wants...
Celsius Creditors Warn of Phishing Ahead of Bankruptcy
by Eva Moore
Creditors of the bankrupt crypto lender, Celsius Network, are facing a renewed wave of phishing attacks as the bankruptcy proceedings of the crypto lender enter...
Core Scientific and Celsius Network Resolve Legal Battle with $14 Million Data Center Deal
by Harper Hall
Crypto mining company Core Scientific has revealed a resolution to its ongoing legal dispute with lending firm Celsius Network, which has persisted for several months....