2023-12-30 17:45 |
Celsius makes known development in new tweet, stating that court has approved implementation of its 'MiningCo transaction' origin »
Bitcoin price in Telegram @btc_price_every_hour
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A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's intercompany claim, court filings show.
2023-2-18 14:52 | |
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The U.S Bankruptcy Court of the Southern District of New York approved Celsius’ Network’s latest motion. This motion stood with regards to setting a deadline for the filing of proofs of claim by tThe post Celsius: Can this latest motion offer CEL investors some much-need respite appeared first on AMBCrypto.
2022-11-22 23:00 | |
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The US bankruptcy court of the Southern District of New York has approved a request by insolvent crypto lender Celsius to move the Proof of Claims submission deadline to January 3, 2023. The directive targets individuals with claims against Celsius Network LLC and its seven affiliates- listed as debtors in the ongoing Chapter 11 bankruptcy. […]
2022-11-22 19:55 | |
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The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company.
2022-11-22 13:32 | |
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Customers of the bankrupt crypto lender have until Jan. 3, 2023 to file proofs of claim if Celsius’ scheduling of their claims as filed are incorrect.
2022-11-21 11:21 | |
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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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Simon Dixon, the 21st largest creditor on Celsius Network initiated an emergency broadcast following a court hearing yesterday.
2022-11-5 20:30 | |
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William Harrington, the U.S. Trustee appointed by the court for Celsius Network’s bankruptcy proceedings has criticized the crippled crypto lender for a motion it filed earlier this month. Bonus prThe post Is CEL yet again in trouble as court-appointed Trustee blasts Celsius for... appeared first on AMBCrypto.
2022-10-29 20:30 | |
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The committee of unsecured creditors for Celsius is suing the troubled crypto lender once more, this time over its intentions to sell off its stablecoins.
2022-10-29 18:00 | |
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According to a recent report, crypto lending company (Celsius) might have relief as the USDC court series motions were rejected, more than $53 million were found from insider conducted withdrawals, and the Ethereum APR rates increased, due to which Celsius…
2022-10-27 23:00 | |
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CeFi lending platform Celsius Network has received approval for its bidding proposal, and the court has set the final sale hearing for December 22. The post Celsius receives court approval for bidding proposal, final judgement expected Dec. 22 appeared first on CryptoSlate.
2022-10-25 16:00 | |
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The assets will be sent to a designated Celsius wallet, and will await court orders about how they should be distributed.
2022-10-21 23:07 | |
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The principal U.S. bankruptcy judge in charge of the Celsius case urged that the Court review the UK crypto consultation paper. Judge Martin Glenn stated that there are no significant court rulings about cryptocurrencies in a document submitted on Monday. …
2022-10-18 17:00 | |
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Judge Martin Glenn says U.K. legal principles may be “persuasive” in the absence of U.S. legal precedents in the complex case of the crypto lending platform’s bankruptcy.
2022-10-18 00:42 | |
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The report’s findings may affect the court’s decisions about custodial accounts and preference claims.
2022-10-8 22:36 | |
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On October 5, disgraced CeFi lender Celsius filed Schedules of Assets and Liabilities and Statements of Financial Affairs as part of its Chapter 11 bankruptcy proceedings. The post Court filing ‘doxing’ Celsius users draws questions on KYC, bankruptcy processes appeared first on CryptoSlate.
2022-10-7 13:40 | |
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The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public.
2022-10-8 09:16 | |
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The names of tens of thousands of Celsius customers have been disclosed in a court filing that appeared online today. Celsius Naming Names In a court filing that is circulating...
2022-10-7 02:56 | |
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The latest court filings in the Celsius bankruptcy case have uncovered some controversial transactions made by the defunct crypto lender’s top brass. Barely days after news of former CEO Alex MasThe post Top Celsius executives withdrew millions before pausing withdrawals appeared first on AMBCrypto.
2022-10-7 01:00 | |
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Celsius Network [CEL], the New Jersey-based bankrupt cryptocurrency lending company, managed to set the date for auctioning its assets. As per the document filed with the US Bankruptcy Court for the SThe post Decoding the significance of 17 October for the bankrupt Celsius Network appeared first on AMBCrypto.
2022-10-4 15:30 | |
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Embattled crypto lender Celsius Network has set a final bid date of October 17 for the sale of its assets, according to an October 3 court filing. The post Bankrupt crypto lender Celsius to auction assets on Oct. 20 appeared first on CryptoSlate.
2022-10-4 12:00 | |
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The details of the withdrawal will reportedly be part of upcoming court filings, and it's possible the founder and former CEO of the crypto platform could be forced to pay it back.
2022-10-3 04:51 | |
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As questions around Celsius restructuring and fund recovery continue, investors continue to express their worries about tax. Following its fall a few months ago, Celsius has constantly been fighting legal suits unlikely to end soon. However, many Celsius investors are…
2022-10-1 05:00 | |
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A U.S. Trustee reporting to the Department of Justice has argued to the court that Celsius should not be allowed to initiate customer withdrawals pending more extensive investigation. U.S. Trustee...
2022-10-1 00:41 | |
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Celsius’ Committee of Unsecured Creditors has filed a motion asking the bankruptcy court to issue a subpoena to EquitiesFirst Holdings (EHF) for failing to repay approximately $439 million owed to Celsius Network.
2022-10-1 16:30 | |
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Court filings made by the states of Texas and Vermont have become the latest developments in the Celsius bankruptcy saga. State regulators from both states have filed separate motions, objecting The post Celsius: Multiple state regulators move to stop stablecoin sale, details inside appeared first on AMBCrypto.
2022-9-30 15:00 | |
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Celsius Network troubles continue as court proceedings continue today as the Court issued a notice of hearing Debtors’ motion to enforce the automatic stay and for civil CONTEMPT2. Latest Court Filings A filing released today said; “Please take notice that…
2022-9-30 03:00 | |
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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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The legal team requested the court appoint a committee representing certain shareholders or the case could end up "inappropriately and inequitably skewed in favor of the customers."
2022-9-24 19:30 | |
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Celsius shareholders have requested an official legal representation that would represent their interest in the bankruptcy proceedings, according to a September 22 court filing. The post Celsius shareholders want their own legal representation in bankruptcy case appeared first on CryptoSlate.
2022-9-23 17:15 | |
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Milbank LLC, an international law firm headquartered in New York, has filed a motion with the U.S. Bankruptcy Court of the Southern District of New York seeking orders directing the appointment of an Official Preferred Equity Committee by the Office…
2022-9-23 17:00 | |
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Bankrupt crypto lending company Celsius has requested the court for authorization to sell its stablecoin holdings. The sale of the stablecoins will generate liquidity to finance the crypto lender’s daily operations but won’t be used to repay creditors.
2022-9-17 00:12 | |
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Crypto lending firm Celsius [CEL] seems to be committed to restoring its lost reputations and getting back to full operation. In its latest filing with the New York Southern District Bankruptcy Court,The post Did the Celsius liquidity plea trigger CEL's 34% freefall? appeared first on AMBCrypto.
2022-9-16 20:30 | |
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Celsius Network is looking to sell $23 million worth of its stablecoin assets for United States dollars, according to a September 15 filing. The post Celsius seeks court approval to sell $23M worth of stablecoin assets appeared first on CryptoSlate.
2022-9-16 15:15 | |
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A federal judge from the United States Bankruptcy Court for the Southern District of New York has allowed the U.S. Trustee's office to appoint an independent examiner to investigate the affairs at theThe post Celsius: Judge permits independent examiner's probe in bankruptcy case appeared first on AMBCrypto.
2022-9-16 21:00 | |
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A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said.
2022-9-8 13:06 | |
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It's unclear if the court declaration by Leon will have any bearing on the value of the shares still in circulation.
2022-9-8 09:53 | |
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Court filings made by Kirklan & Ellis LLP, the law firm representing Celsius, revealed that the bankrupt crypto lender is expecting an influx of cash in the first week of October. According tThe post Celsius to receive $70 million as per latest filing; liquidation may still be on the cards appeared first on AMBCrypto.
2022-9-4 21:30 | |
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Troubled crypto lending firm Celsius seems engrossed in fixing its long-standing challenges after being declared insolvent. Yesterday (1 September), the company filed a motion to the bankruptcy court The post CEL's >30% spike aims to calm chaos but is a $50M appeal the antidote appeared first on AMBCrypto.
2022-9-3 22:30 | |
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Embattled crypto lender Celsius Network told a New York bankruptcy court that it will pay back about 22% of funds to customers whose assets are valued at $48M. The post Celsius Network to Return Only 22% of Customer Funds appeared first on BeInCrypto.
2022-9-2 07:32 | |
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Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued.
2022-9-1 14:18 | |
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More than 60 of Celsius’ custodial-account holders petitioned a bankruptcy court to force the crypto lender to send them back their funds outside of the proceedings.
2022-9-1 11:25 | |
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Celsius has been one of the most prominent crypto companies to crash in the recent bear market. The crypto lender had been caught in the crossfire of the LUNA crash and was eventually unable to pay users their deposited funds after making some bad bets.
2022-8-25 20:00 | |
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"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
2022-8-24 22:45 | |
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Troubles facing the now-bankrupt cryptocurrency lending company Celsius Network LLC appear to have taken a different dimension. Court filings made on 14 August revealed that contrary to the $1.
2022-8-17 00:30 | |
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Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July.
2022-8-17 13:07 | |
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The bankrupt crypto firm is also short of $2.8 billion in crypto assets, the court filing reveals.
2022-8-16 00:49 | |
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Embattled crypto lender Celsius filed for Chapter 11 bankruptcy in July and filed new documents in court on August 14, detailing its budget for August through October. The post Celsius set to burn $137.
2022-8-15 19:51 | |
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The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
2022-8-15 16:47 | |
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Embattled crypto lender Celsius Network wants to rehire its ex-Chief Financial Officer Rod Bolger, according to a court filing made by the firm on July 25. The post Celsius wants to rehire its ex-Chief Financial Officer appeared first on CryptoSlate.
2022-8-3 20:53 | |
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