2023-9-26 09:26 |
Bankrupt crypto lender Celsius' creditors have voted to approve a plan that would return 67%-85% of holdings back to them.
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Crypto lender Celsius wants to unstake its Ether holdings to meet the costs of its restructuring plan. The embattled crypto firm says the funds raised will be used to pay its creditors. Celsius’s move comes after the Southern District of New York Bankruptcy Court approved its restructuring plan in November. The plan included the creation […]
2024-1-5 15:05 | |
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Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
2023-11-21 10:55 | |
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Celsius Network, the embattled crypto lender, is making strides toward repaying its customers by the end of 2023. The company’s legal counsel, Christopher Koenig, recently revealed during an October 2 hearing in New York that they are pursuing court approval for a reorganization plan that promises a brighter future for the platform.
2023-10-3 09:20 | |
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“Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors,” said Celsius.
2023-4-8 20:00 | |
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Celsius Network, the bankrupt cryptocurrency company, filed its chapter 11 reorganization plan in the late hours of March 31, 2023, built around NovaWulf Digital Management
2023-4-2 14:06 | |
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“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing.
2023-2-10 22:30 | |
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The United States government and creditors have objected to Celsius’ plan to extend its restructuring plan to June 30, according to February 8 court filings. The post Celsius creditors, US gov oppose bankrupt’s lender extension request due to high cash burn rate appeared first on CryptoSlate.
2023-2-9 15:30 | |
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Bankrupt crypto exchange Celcius sees a new deadline for submitting its restructuring plan. The court ordered the company to present it by February 15. On Monday, Celsius announced the new development in a Twitter thread.
2022-12-7 18:59 | |
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Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.
2022-12-7 13:58 | |
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Celsius filed a request in court for an extension on the deadline for reorganization. The firm claims it needs more time to complete the plan because reorganization is ‘complex’. According to a Celsius Twitter post on November 10, 2022, the…
2022-11-11 04:10 | |
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The bankrupt lender filed the motion so that it has more time to submit its reorganization plan.
2022-11-10 09:55 | |
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The United States Trustee has opposed Celsius’s request to pay up to $2. 9 million as retention bonuses to employees involved in the bankruptcy process. The post US Trustee opposes Celsius’ $2.
2022-10-28 13:40 | |
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A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
2022-9-30 06:03 | |
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Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing.
2022-9-30 21:20 | |
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In a Twitter space held by Digital Asset News last week, Celsius CEO Alex Mashinsky broke his long silence about the crypto lender’s bankruptcy mess. Simon Dixon Accuses Mashinsky of Lying Mashinsky got into a heated argument in the Twitter…
2022-9-28 08:00 | |
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A new recording has emerged of Celsius Network Co-founder Nuke Goldstein discussing the plan to use "crypto-based solutions" to repay its Earn customers and revive the company's fortunes.
2022-9-23 13:30 | |
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Bankrupt crypto lender Celsius appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens.
2022-9-23 19:55 | |
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Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an iThe post Celsius’s CEO plotting a pivot to custody services- Details inside appeared first on AMBCrypto.
2022-9-14 23:00 | |
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The Celsius (CEL) token posted 18% gains in the last 24 hours to trade at $1.70 as of press time on September 14. The post Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan appeared first on CryptoSlate.
2022-9-15 13:35 | |
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Celsius: Under the new plan, the lender would pivot to storing customers’ crypto in a special wallet and levying charges for transactions. The post Celsius CEO Floats Daring Plan to Resurrect the Floundering Company appeared first on BeInCrypto.
2022-9-14 01:04 | |
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Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
2022-7-20 07:00 | |
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After the first court hearing in its Chapter 11 bankruptcy proceedings, Celsius has provided details for how customers can make a claim, and also says it wants to present a plan to the court "that will provide customers with an option to remain long crypto."
2022-7-20 15:00 | |
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Bankruptcy proceedings for Celsius have officially begun – and the odds that depositors will get their money back look slimmer than ever.
2022-7-19 04:50 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-14 05:44 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-15 05:44 | |
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Владеющая долей в Celsius инвестиционная онлайн-платформа BnkToTheFuture представила три плана спасения криптокредитора, который столкнулся с кризисом ликвидности. #DepositorsFirst Celsius Recovery Plan https://t.
2022-7-1 17:04 | |
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Владеющая долей в Celsius инвестиционная онлайн-платформа BnkToTheFuture представила три плана спасения криптокредитора, который столкнулся с кризисом ликвидности. #DepositorsFirst Celsius Recovery Plan https://t.
2022-7-1 13:10 | |
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One of Celsius Network’s earliest investors has proposed a recovery plan to help the beleaguered company. Details will be revealed when the board is ready The post Celsius Lead Investor Proposes Recovery Plan for Network appeared first on BeInCrypto.
2022-6-20 15:00 | |
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BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016.
2022-6-21 06:59 | |
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Founder of web3 investment firm, Bnk to the Future Simon Dixon, who led the first investment round for Celsius has announced a recovery plan for the struggling platform. The post 9 month recovery plan for Celsius announced by lead investor Bnk to the Future appeared first on CryptoSlate.
2022-6-19 23:31 | |
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