Prime Trust Consents Returning $17M to Celsius
On Thursday, Prime Trust (a provider of crypto services) consented that it would return an amount of up to $17M from Celsius (the crypto lending...
Why Celsius Went Bankrupt?
Celsius Network’s Bankruptcy is something that affected the whole crypto market as Bitcoin lost more than 10% of its value on 13th July 2022, the...
Celsius Losses $3M In Legal Battles
Crypto lender Celsius is being crushed from both sides at the moment because on one side, it is struggling for its survival while on the...
10M Worth of BTC and ETH Belonging to 2 Indians Stuck In Bankrupt Celsius
People from all over the world suffered when unexpectedly Celsius Lending Network filed for voluntary Chapter 11 bankruptcy on the 13th of July 2022- exactly...
Celsius Network Files for a Bar Date for Clients
Today, the crypto lending company “Celsius” has filed a motion under the court for a specific bar date that would be the deadline for the...
Is Celsius Trying to Dox Its Consumers?
Celsius has been beleaguered by its bankruptcy proceedings and its executives’ imprudent behaviour has been exposed along with the inability thereof to recompense to the...
Celsius Users Go Through a Huge Problem in Getting Their Deposits Back
Crypto lending firm Celsius Network’s bankruptcy case is getting into another chapter where the shareholders will have an advantage against the stressed consumers of the...
Celsius Specifies Dates to Auction Its Assets after Bankruptcy
A timeline has been specified by the Celsius Network to auction its assets. The crypto lending platform, which has now become bankrupt, will witness 17th...
Celsius Former CEO Withdrew $10 Million Weeks Before the Firm Froze Customer Accounts
According to the Financial Times reports, citing unidentified sources, Alex Mashinsky, the controversial owner and ex-CEO of Celsius Network, took $10 from the currently bankrupt...
Crypto Lending Company Celsius Does Not Pursue Outstanding Loans’ Payments
Celsius, a bankrupt crypto lending platform, stated on Friday that the firm is not pursuing the implementation of the payment obligations related to the outstanding...