DOJ Official Objects to Withdrawal Request by Celsius Network

U.S. Trustee William K. Harrington filed paperwork with the court. Harrington criticized Celsius’s timing for releasing the money. Resuming withdrawals

4 months ago 2 mins read

Celsius Stablecoin Sale Proposal Withheld by Securities Regulators

The Celsius stablecoin sale plan is oppose by Texas and Vermont regulators. A hearing on the issue is schedule for

4 months ago 2 mins read

Celsius Network CEO Alex Mashinsky Resigns Amid Bankruptcy

The company has been granted authorization to sell Bitcoin it has mined. Celsius Network was silent for weeks before filing

4 months ago 2 mins read

Celsius to Create Tradable Wrapped Tokens

The wrapped tokens will be redeemable by Celsius customers for a particular ratio. In July, Celsius sought Chapter 11 bankruptcy

4 months ago 2 mins read

Celsius Network Submits a Request To Sell Its Stablecoin Holdings Worth About $23M

A bankrupt crypto lending company, Celsius Network, reveals about its file request to sell its stablecoin holdings. All the documents

4 months ago 2 mins read

U.S Court Approves Independent Examiner in Celsius Case

The investigator will also review the rationale behind the April service shift. Previously, the U.S. Trustee mentioned the lack of

4 months ago 2 mins read

Celsius CEO Propose Reforming the Firm to Focus Crypto Custody

Celsius’s CEO announced that the organization can be renovated.  Celsius creditors requested the firm to provide services such as loans,

5 months ago 2 mins read

Celsius Will Permit Withdrawals for Minority Customers

Cryptocurrency owners who use Celsius’s Custody and Withhold Accounts are still permitted to do so.  Celsius cannot refuse to transfer

5 months ago 3 mins read

Crypto Lending Platform Celsius Files Countersuit Against KeyFi

About a month ago, KeyFi claimed that Celsius had scammed it out of money. Celsius suspended client withdrawals on June

5 months ago 2 mins read

Court Grants Celsius Network Approval To Sell New Mined Bitcoins

Celsius mined 432.30 BTC in July, which is equivalent to nearly $10.3 million. Judge Martin Glenn of the Bankruptcy Court

5 months ago 2 mins read