Celsius News

Get the latest Celsius updates on bankruptcy proceedings, creditor repayments, legal developments, restructuring efforts, and market impact.

Legal

Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether

Celsius argues Tether's liquidation of 57,000 BTC breached contract terms, potentially impacting $4 billion in assets.

6 months ago

Bankruptcy

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Customer relief prioritized as Mashinsky exits Celsius bankruptcy claim in wake of fraud conviction.

7 months ago

Legal

Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme

The sentencing closes the federal prosecution chapter, but Mashinsky still faces bankruptcy and related civil litigation.

8 months ago

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.

1 year ago

Bankruptcy

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Former creditors will see disbursements based on Bitcoin’s fluctuating value amid Celsius' distribution efforts.

1 year ago

Bankruptcy

Celsius distributes $2.53 billion, some creditors leave funds unclaimed

Ionic Digital, a new Bitcoin mining company borne out of Celsius bankruptcy, said it has energized a facility in Texas.

1 year ago

Legal

Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute

The lawsuit seeks to recover $2.4 billion worth of BTC collateral that was, according to Tether, liquidated with Celsius’ consent.

1 year ago

Bankruptcy

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).

2 years ago

Tokens

Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Bankruptcy filings previously raised the possibility of a token burn.

2 years ago

Bankruptcy

Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse

The initiative is part of its reorganization plan and targets individual accounts that withdrew more than $100,000 before its collapse.

2 years ago

Mining

Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital

Bitcoin miner Hut8 said it could earn more than $100M for managing defunct Celsius mining assets.

2 years ago

Bankruptcy

Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans

The embattled firm creditors are eagerly anticipating the repayment of their stuck assets on the platform.

2 years ago

Celsius News

Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme

Celsius Network appeals $2B disparagement claim rejection against FTX

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Celsius distributes $2.53 billion, some creditors leave funds unclaimed

Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute

Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals

Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse

Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital

Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans

Celsius

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Celsius News

Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether

Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme

Celsius Network appeals $2B disparagement claim rejection against FTX

Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%

Celsius distributes $2.53 billion, some creditors leave funds unclaimed

Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute

Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals

Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply

Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse

Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital

Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans

Celsius

$0.03

Celsius Network

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