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 / Blockchain - 1 year ago
Celsius Network, the bankrupt crypto lender, has announced it will proceed with its Chapter 11 restructuring plan, with a disclosure statement containing information for claim holders to be filed on April 12. The proposed restructuring plan is sponso...
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....
by COINS NEWS - 1 year ago
Everyone on here recently has been saying “Celsius was such a obvious scam” And “They paid really high interest rates” No, no they weren’t obvious, since everyone was doing the same thing (Gemini, etc, even coinbase tried to get into it). And they w...
by COINS NEWS - 1 year ago
About 12 hours ago there was notice that Alex Mashinksy was served his civil papers by the state of New York. Finally some of us who lost our money in Celsius are seeing the system make a move after almost a year. In the words of the County of New Yo...
Cryptocoins News / The Cointelegraph - 1 year ago
Peer-to-peer marketplace Paxful will refund its Earn program users impacted by Celsius Network’s bankruptcy. Crypto marketplace Paxful will refund its Earn program us...
Bitcoin News / Bitcoin Magazine - 1 year ago
The global bitcoin exchange will dig into its own coffers to reconcile users who lost their money as a result of the collapse of Celsius. Global peer-to-peer Bitcoin platform Paxful announced it will provide al...
by COINS NEWS - 1 year ago
I lost low 5 figures in Celsius. It was a a variety of factors such as if I withdrew I wouldn’t be able to earn interest again due to being grandfathered in, believing it was safe, and generally zoning out and not paying attention to crypto due to th...
by COINS NEWS - 1 year ago
Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.”...
Cryptocoins News / The Cointelegraph - 1 year ago
Software developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed. Crypto len...
by COINS NEWS - 1 year ago
Hey folks, just wanted to come on here and see how we're all doing? I personally fell victim to Celsius Network and the lies that Alex Machinsky spouted weekly assuring everyone that they would get their crypto back even if the ship sank. How stu...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto-friendly Signature Bank was a key partner for many crypto firms, some which have been voluntarily disclosing their exposure to the recently closed firm. Cry...
by COINS NEWS - 1 year ago
Coffezilla just released a new video about Celsius and he clearly use the F word “Fraud” in it. He talked about Celsius before but never used “Fraud” before, i mean he had to protect himsef from diffamation lawsuit. This time he is going at it. I cle...
Cryptocoins News / CoinJournal - 1 year ago
Funds withdrawals by Celsius custody account holders started on March 2.
The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year.
The withdrawals were reopened for “Distributable assets in cert...
Bitcoin News / Bitcoinist - 1 year ago
Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain...
Cryptocoins News / The Cointelegraph - 1 year ago
Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests. Some Celsius customers...
Cryptocoins News / The Cointelegraph - 1 year ago
Wrapped Bitcoin garnered DeFi traders’ support in the 2021–22 bull season, but the demand started to fade when numerous crypto contagions led to redemptions. The suppl...