Another Celsius Exec Is Out as Auction Looms
Celsius executive S. Daniel Leon has resigned as the bankrupt company prepares to auction off its assets. Strategy Chief Leaves Celsius Another Celsius executive is leaving the company. According to...
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Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of…
Here’s When Celsius Network Will Auction Assets Following the Bankruptcy
The much-anticipated auction of assets belonging to bankrupt Celsius Network is likely to begin later this month. The embattled lending platform submitted an auction plan to the United States Bankruptcy…
Celsius Ex-CEO Withdrew $10 Million Weeks Before Withdrawal Pause: Report
Celsius Network founder Alex Mashinsky, who resigned as the CEO of the embattled Defi platform on September 27, reportedly withdrew $10 million in May, just weeks before the company froze withdrawals…
Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid
The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets.
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
DOJ Seeks to Block Celsius Motion to Reopen Withdrawals
The Department of Justice (DOJ) is objecting to a motion by troubled cryptocurrency lender Celsius, seeking to reopen withdrawals for selected customers. Since Celsius halted withdrawals in June, the company…
Celsius Withdrawals Must Remain Closed: DOJ
A U.S. Trustee reporting to the Department of Justice has argued to the court that Celsius should not be allowed to initiate customer withdrawals pending more extensive investigation. U.S. Trustee...
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29.…
Texas, Vermont regulators object to Celsius stablecoin sale plan
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.
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