Browsing Tag
celsius
90 posts
Bankruptcy: Celsius disburses $2b worth of crypto to creditors
Kirkland & Ellis — Celsius’ legal counsel — shared an update on the creditor fund distributions outlined in…
Criminal charges against ex-Celsius CEO must stick, prosecutors say
U.S. prosecutors have pushed back against former Celsius CEO Alex Mashinsky’s motion to dismiss two criminal charges brought…
Ethereum Faces Market Tremors As Celsius Offloads $1 Billion in ETH
Ethereum (ETH) is about witnessing a potential sell-off worth $1 billion. This significant transaction is rooted in actions…
Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans
Bankrupt crypto lending platform Celsius has shifted 459,561 Ethereum (ETH), valued at over $1 billion, to centralized exchanges,…
Brace For Crypto Market Waves: FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance
The crypto market might be about to experience a further downturn as a recent development suggests an imminent…
Ethereum Bloodbath Incoming? Celsius’ $125 Million Move Threatens ETH Price
The Ethereum price might be doing well post-spot Bitcoin ETF launch, but recent moves by Celsius threaten to…
Celsius Seeks Repayment: Creditors Urged To Return 27.5% Of Funds
Surprisingly, bankrupt crypto lender Celsius Network customers are now facing legal action from bankruptcy managers after making substantial…
Celsius initiates recovery of large pre-bankruptcy withdrawals
Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining…
Celsius pays over $90m to Coinbase and FalconX via unstaked Ethereum
Over the past week, a total of 40,000 Ethereum, estimated to be over $90 million, was transferred by…
Celsius moves to unstake $470m in ETH for creditor repayments
Bankrupt cryptocurrency lender Celsius Network revealed plans today to unstake its existing Ethereum holdings in preparation for prompt…