by COINS NEWS - 1 month ago
Just spotted a tweet from an influencer getting hit with a lawsuit from Celsius for withdrawing a hefty sum before their bankruptcy declaration. It’s one of those “preference liability” claims, aiming to reel in funds taken out by the fast movers in...
by COINS NEWS - 1 month ago
I want to know what kind of measures did you took when these events occurred and what kind of noticed led you to extract your money from their exchanges. Ultimately I'm thinking on what could be the next exchanges that could go to bankruptcy and...
by COINS NEWS - 2 months ago
While my story thankfully is over, the haircut I took because I "trusted" Celsius is about 27 cents to the current dollar. A 70% recovery of the dollar amount established at the depths of BTC this run. (And to make it very clear, I absolute...
by COINS NEWS - 2 months ago
For those still waiting for their claim - I was paid yesterday and I'm in the UK. I held mostly BTC and ETH on the Celsius platform, along with a small amount of DOT. I was a part of the convenience class, but only just. I received: - 26.9% of m...
Bitcoin News / Bitcoinist - 2 months ago
submitted by /u/FitScore3115 [link] [comments]
by COINS NEWS - 2 months ago
I can't post the screenshot here, but I was happy to see this appearing. No idea if it's global (are EU users getting their repayments through Coinbase?). I hope this brings some relief in the coming weeks to the Celsius users who have been w...
by COINS NEWS - 2 months ago
submitted by /u/UpvoteBeast [link] [comments]
Bitcoin News / Bitcoin.com - 2 months ago
Celsius has concluded its Chapter 11 bankruptcy process and is embarking on a new journey with the launch of Ionic Digital, Inc., a bitcoin mining company managed by Hut 8 Corp. This development follows a complex legal and financial restructuring, wh...
by COINS NEWS - 2 months ago
submitted by /u/SpaceBrigadeVHS [link] [comments]
Bitcoin News / Google News Bitcoin - 2 months ago
Celsius' Bitcoin Mining Assets to Restart as New Unit Prepares to Go Public& & CoinDesk
Bitcoin News / Google News Bitcoin - 2 months ago
Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public& & CoinDesk
Bitcoin News / Bitcoinist - 2 months ago
After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successfully concluded the distribution of assets exceeding $3 billion to its creditors. The labyrinthine process...
Cryptocoins News / Finance Magnates - 2 months ago
Celsius Network, a crypto lender that went bankrupt in July 2022, will distribute over $3 billion of cryptocurrency and fiat to its creditors as the company emerges from bankruptcy. The plan also includes creating a Bitcoin mining company, Ionic Digi...
by COINS NEWS - 2 months ago
submitted by /u/UpvoteBeast [link] [comments]
by COINS NEWS - 3 months ago
My friend and co-worker told me he got a letter in the mail today saying he must return over 40k USD to Celsius or be open to legal action against him. Is it just me or should a company that criminally mismanaged peoples funds have absolutely n...
by COINS NEWS - 3 months ago
submitted by /u/wuodatienowrites [link] [comments]
Cryptocoins News / Blockchain - 3 months ago
Celsius Network's transfer of over $125M in Ethereum to exchanges amid bankruptcy stirs speculation in the crypto market. (Read More)
Cryptocoins News / Blockchain - 3 months ago
Celsius Network is imposing bankruptcy proceedings on account holders with $100,000 or more liabilities, and is taking legal action against those who withdrew large amounts pre-bankruptcy. (Read More)
Bitcoin News / Bitcoinist - 3 months ago
Celsius Network has taken a decisive step by releasing a new filing, requesting account holders who withdrew $100,000 or more worth of crypto within the 90 days leading up to the network’s bankruptcy petition date to promptly return the funds. Celsiu...
Cryptocoins News / CoinJournal - 3 months ago
Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining focus approved; Ethereum unstaked for timely creditor repayments. Legal challenges persist;...
Bitcoin News / Bitcoin.com - 3 months ago
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve out...
by COINS NEWS - 3 months ago
submitted by /u/flowers_at_dusk [link] [comments]
Cryptocoins News / CoinJournal - 3 months ago
Celsius, in bankruptcy since 2022, begins unstaking 206,300 ETH ($468.5M) for creditor distributions. Market speculates on a potential ETH “dump,” while some see Celsius’s move as relieving pressure on Ethereum. Earlier focused on...
Bitcoin News / Bitcoin.com - 3 months ago
The now-defunct crypto lender Celsius has received authorization to pivot to bitcoin mining, following approval from U.S. District Judge Martin Glenn of Manhattan for the firm’s revised strategy. This move comes after the company’s init...
Cryptocoins News / CoinJournal - 3 months ago
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy. The announcement follows the US bank...
