NEW YORK, Nov 9 (Reuters) - Crypto lender Celsius Network received U.S. bankruptcy court approval on Thursday for a restructuring plan that will return cryptocurrency to customers and create a new ...
On January 4, 2023, Judge Glenn of the United States Bankruptcy Court for the Southern District of New York issued a much-awaited decision in the Celsius Network LLC (along with its affiliated debtors ...
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. Bankrupt crypto ...
NEW YORK (AP) — The founder and former CEO of the cryptocurrency lending platform Celsius Network was sentenced Thursday to 12 years in prison after a prosecutor labeled him a predator who “preyed on ...
In a recent decision by Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York presiding over cryptocurrency Chapter 11 megacase, In re Celsius Network, ...
A cryptocurrency organization founded as a bank in 2017. The Celsius Network was popular because it touted interest of 18% and more on deposits of bitcoin, ether and other cryptos. To power the system ...
The chief executive of the experimental crypto bank Celsius has told employees about an audacious plan to revive the firm, which filed for bankruptcy in July. By David Yaffe-Bellany The collapse of ...