Celsius Gets Court Blessing to Sell Mined Bitcoin
By / August 17, 2022, 6:30 am EDT

“At bottom, this is a business judgment decision. It may be very wrong, but we will see,” Bankruptcy Judge Martin Glenn said at the second-day hearing

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Celsius’ Net Liabilities Surpass $2.8 Billion – New Bankruptcy Filing
By / August 15, 2022, 5:20 pm EDT

In its latest Chapter 11 filing, Celsius reported it expects its net cash flow to reach negative $137.2 million by the end of October

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Celsius is Burning Money but Still Can’t Sell its Mined Bitcoin
By / August 15, 2022, 12:04 pm EDT

It seems nobody is ready to let Celsius sell its mined bitcoin after the bankrupt crypto lender submitted vague plans for the cash.

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Canadian Watchdog Eyes Celsius, Spurred by Pension Fund Deal: Report
By / August 10, 2022, 5:54 am EDT

Quebec’s largest pension fund plowed $150 million into a Celsius equity deal last October, but the crypto lender went bankrupt nine months later

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Celsius Creditor Committee Takes Aim at CEO Mashinsky, Other Insiders
By / August 9, 2022, 6:55 am EDT

A seven-member committee is investigating Celsius CEO Mashinsky’s conduct and the lender’s “problematic asset deployment decisions”

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Celsius Wants to Sell its Mined Bitcoin. Texas Regulators Don’t Trust It.
By / August 8, 2022, 9:40 am EDT

The Texas State Securities Board cited Celsius’ “problematic asset deployment decisions” in a formal objection to bitcoin sales on Friday

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Celsius Won’t Bring CFO Back as Adviser for $93K per Month After All
By / August 8, 2022, 6:09 am EDT

Celsius has walked back plans to bring back former chief financial officer Rod Bolger as an adviser through its bankruptcy process

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Celsius Admits Customer Emails Leaked In Third-Party Data Breach
By / July 29, 2022, 7:02 am EDT

Customers are ticked off by another snag with bankrupt crypto lender Celsius

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Bankrupt Crypto Lender Celsius Seeks Help From Former CFO
By / July 27, 2022, 6:40 am EDT

Celsius has requested banking industry veteran Rod Bolger, who resigned on June 30, to come back as an advisor

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The Same Law Firm Is Representing Celsius, Voyager and Babel Finance
By / July 20, 2022, 4:01 pm EDT

Kirkland & Ellis is looking to position itself as a leader in crypto restructuring

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