Cryptocoins News / The Cointelegraph - 1 year ago
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto....
Cryptocoins News / CoinJournal - 1 year ago
USBTC to host 8,500 miners belonging to Celsius at its Alpha Site.
Hashrate of these machines is estimated to be 820 petahash (PH).
Us Bitcoin Corp expects to be managing over 310,000 miners in total.
US Bitcoin Corp is in focus today after the min...
Cryptocoins News / Blockchain - 1 year ago
Celsius Network's Disclosure Statement approved by NY Bankruptcy Court. Fahrenheit, LLC selected as winning bidder in May 2023 auction. Voting on Chapter 11 Plan set for Sep 22, 2023. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
When Celsius launched back in 2017, many saw the company as one that had the potential to disrupt the industry with its crypto lending platform. Six years on, Celsius’ chapter in the crypto world seems to be ending, as recent developments will sugges...
Bitcoin News / Bitcoin.com - 1 year ago
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s decis...
Cryptocoins News / The Cointelegraph - 1 year ago
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. Bankrupted crypto...
Bitcoin News / Bitcoinist - 1 year ago
The US Federal Trade Commission (FTC) has reached a settlement with cryptocurrency platform Celsius Network, which has been charged with duping consumers into transferring cryptocurrency into their platform and then “squandering” billions...
Cryptocoins News / The Cointelegraph - 1 year ago
The regulator said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds. The United States Federal Trade Commission has issued...
Cryptocoins News / CoinJournal - 1 year ago
The FTC said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds.
Celsius and its former CEO have also been sued by the US SEC today.
Last week, the CFTC found the former CEO and Cels...
Cryptocoins News / The Cointelegraph - 1 year ago
The liquidations will pave the way for the distribution of the funds to creditors in the near future. The United States Bankruptcy Court for the Southern District of N...
by COINS NEWS - 1 year ago
Beginning on July 1st, Celsians Network (Celsius) will convert all customer funds ( only altcoins ) to Bitcoin and Ethereum, with the exception of custody and withhold accounts. It will increase the bitcoin dominance even more just like Saylor...
Cryptocoins News / Blockchain - 1 year ago
Celsius Network is considering taking legal action against crypto blogger Tiffany Fong for leaking internal information regarding the company’s bankruptcy case. Fong has been reporting on the bankruptcy case via YouTube and social media platforms, sh...
Cryptocoins News / Blockchain - 1 year ago
Crypto lender Celsius Network will file a disclosure statement on April 12 regarding its Chapter 11 restructuring plan. The statement is aimed at providing adequate information for claim holders to vote on the proposed plan, which would create a publ...
Cryptocoins News / Blockchain - 1 year ago
Celsius Network, a bankrupt crypto lender, has announced it will move forward with its Chapter 11 restructuring plan by filing a disclosure statement on April 12. The statement is aimed at providing "adequate information" for claim holders to vote on...
Cryptocoins News / The Cointelegraph - 1 year ago
“Our Disclosure Statement will provide a summary of the Plan, account-holder recovery percentages, FAQs, and additional information on certain risk factors,” said Celsius....
Cryptocoins News / CoinJournal - 1 year ago
Celsius Network has received approval to process some customer withdrawals.
Two orders have been issued by a US bankruptcy court
One approving certain withdrawals and the other approving the Flare token airdrop.
Embattled crypto lender Celsius Netw...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Letitia James, the Attorney General of the State of New York, has charged Alex Mashinsky, the Co-Founder of bankrupt crypto lender Celsius Network, with fraud.</p><p class="MsoNormal">In a la...
Cryptocoins News / Finance Magnates - 1 year ago
<p class="MsoNormal">Letitia James, the Attorney General of the State of New York, has charged Alex Mashinsky, the Co-Founder of a bankrupt crypto lender Celsius Network, with fraud.</p><p class="MsoNormal">In a...