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Category Celsius bankruptcy

MainNewsCelsius bankruptcy
Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two co...
Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amountin...
Celsius Fights To Reclaim $2 Billion Withdrawn Prior To Bankruptcy Declaration

Celsius Fights To Reclaim $2 Billion Withdrawn Prior To Bankruptcy Declaration

According to a Bloomberg report, Celsius Network, the crypto platform that filed for bankruptcy in July 2022, demands that major customers who coll...
Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much

Celsius Follows FTX As It Begins Repaying Crypto To Creditors, Here’s How Much

Bankrupt cryptocurrency lending company Celsius Network has followed behind FTX, revealing plans to disburse billions of dollars in crypto to credi...
Celsius Makes Good On Promise, Begins Distributing $3 Billion To Creditors

Celsius Makes Good On Promise, Begins Distributing $3 Billion To Creditors

After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successful...