A U.S. bankruptcy judge has ordered the Celsius Network to return customers’ cryptocurrency that did not reach its interest-bearing accounts. In a hearing on Dec. 7,...
Celsius Network employees are now aware that the company, which filed for Chapter 11 bankruptcy in July, was given the green light from a bankruptcy court judge...
The independent examiner in crypto lender Celsius’ bankruptcy case has alleged that the company failed to set up “sufficient” accounting and operational controls in its handling...
The insolvent crypto lender has filed a motion seeking the court’s approval to extend the submission of its restructuring plan. About four months after commencing voluntary...
Notably, Alex Mashinky and other executives were revealed to have withdrawn as much as $27 million in two tranches just before the firm declared its bankruptcy....
The Celsius Network proceedings are still garnering a lot of interest given that almost 2 million investors currently have their funds stuck on the network. Last...
Celsius bosses withdrew a total of $30 million of crypto from the popular lending platform right before it went bust, according to a Thursday report that...