Tag: Celsius bankruptcy
Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse
Bankrupt crypto lender Celsius Network is seeking the return of over $2 billion withdrawn by major customers shortly before its bankruptcy declaration in July...
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Celsius Changes Name to NewCo, Creditors to Get Shares and $2B in Crypto
Celsius bankruptcy plan approved as judge confirms celsius bankruptcy exit
The plan allows Celsius to distribute approximately $2 billion worth of Bitcoin...
Celsius creditors vote in favor of reorganization plan
The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned to them as well...
Chainlink Addresses Concerns Over Multisig Wallet Security Update
Decentralized oracle network, Chainlink, has recently faced criticism over an alteration in its multisig wallet security protocol. Specifically, Chainlink reduced the number of required...
Upbit Temporarily Halts Services Amidst APT Token Scam
In a recent development that raised concerns among crypto enthusiasts, Upbit, a prominent Korean cryptocurrency exchange, temporarily suspended its services due to an influx...
Hollywood Strikes a Tentative Truce with AI: Implications and Future
After a punishing 146 days, the curtain has finally lifted on the standoff between the Writers Guild of America (WGA) and Hollywood’s elite studios....
Celsius creditors flag renewed phishing attacks ahead of bankruptcy plan
Creditors from bankrupt crypto lender Celsius Network are again being targeted in a new wave of phishing attacks as the crypto lender’s bankruptcy proceedings...
Court Freezes CEO`s Assets Following Celsius Bankruptcy
A federal court in New York has frozen the assets of Alexander Mashinsky, the former CEO of the now-bankrupt crypto lending company Celsius Network.
Unsealed...
How Much Is Too Much to Spend on FTX’s Bankruptcy?
“Alvarez & Marsal have been charging Celsius $1.7 million per month,” Kuvari found, “And charging FTX $11 million a month.” Similarly to the comparison...
Ethereum’s Gaming Sector: Catalyst for a Potential Comeback Amid Recent Challenges
Despite encountering recent setbacks, Ethereum (ETH) has the potential to stage a remarkable comeback fueled by the flourishing gaming sector within...
Celsius Network plans legal action against crypto blogger and creditor Tiffany Fong
SNEAK PEEK
Celsius Network’s counsel is considering filing a legal action against Tiffany Fong on the grounds of her leaking internal information. Since June...
P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return
According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company...
U.S. Lawmakers Say SEC Directive May Bring “Greater Risk of Loss”
U.S. Senator Cynthia Lummis and Congressman Patrick McHenry say a Securities and Exchange Commission accounting directive “places customer assets at greater risk of loss...
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