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Celsius
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Court filings urge the resolution of an issue, which could prove key to recoveries for customers and Series B investors.
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
Celsius Network contacted 130 interested parties and signed confidentiality agreements with 40, before choosing NovaWulf.
Tax Implications for Investors With Funds on Failed Crypto Exchanges
In the wake of a string of crypto firm implosions in 2022, including FTX and Celsius, TurboTax tax expert Lisa Greene-Lewis explains how that may impact investors' tax filings ahead of the deadline next week.
Embattled Crypto Lender Celsius Allocates $25M for Withdrawals, Burns $500M in WBTC
Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn some $17.7 million of crypto assets, the firm’s chief executive said in a Wednesday court hearing.
Crypto Lender Celsius Should Continue Exclusive Right to Pursue Novawulf Deal, Judge Says
Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said
Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
The self-custody platform was an asset of bankrupt crypto lender Celsius.
Crypto Has an Incest Problem
Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.
Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.
Judge Clears Celsius' Plan to Sell Bitmain Mining Coupons Worth Over $7M
The crypto lender must sell the vouchers before they expire to raise funds for the bankruptcy estate.
Celsius's CEL Token May See 20 -Cent Value in Recovery Process, Attorney Says
The token currently has a market value of 54 cents.