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Fahrenheit
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Most of the classes in the bankruptcy claim voted by more than 98% in favor of the reorganization.
Videos
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
Crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network, whose assets were previously valued at around $2 billion, according to court filings. "The Hash" panel discusses what this means for Celsius' bankruptcy case.
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