Celsius Network
Verified Profile: Celsius Network has confirmed to CryptoSlate that all information in this profile was accurate at the time of submission.About Celsius Network
Celsius Network is a bankrupt cryptocurrency lending company that was founded in 2017 and headquartered in Hoboken, New Jersey.
Celsius Network LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York on July 13, 2022. The cases are pending before the Honorable Martin Glenn in the U.S. Bankruptcy Court for the Southern District of New York and are being jointly administered under Case No. 22-10964.
Celsius Network News
Legal
Celsius Network appeals $2B disparagement claim rejection against FTX
Celsius has filed an appeal challenging procedural shortcomings in pursuit of $444 million claim against FTX.
- Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
The lawsuits, filed in the US Bankruptcy Court for the Southern District of New York, target those with more than $100,000 in Withdrawal Preference Exposure (WPE).
- Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply
Bankruptcy filings previously raised the possibility of a token burn.
- Celsius Network continues to make moves, prompting calls to resume withdrawals
Troubled crypto lender Celsius has been on a debt repayment spree the last few days further suggesting the platform doesn't intend to file bankruptcy.
Celsius Network Video
Celsius Network Team
Daniel Leon
Founding President & COO
Nuke Goldstein
CTO
Young Cho
CFO
Jeremie Beaudry
CCO and GC
Liz Rabban
VP of Global Business Development
Aliza Landes
VP Lending
Celsius Network Support
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