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Tag: judge Martin Glenn

Court grants final approval for $225M Celsius mining company, steers clear of securities ruling

The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its affiliated...

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Celsius Seeks Court Approval for Year-End Customer Repayments

Celsius Network, the embattled crypto lender, is seeking court approval to begin repaying its customers by the end of the year. The company is...

Celsius Users to Vote on Restarting as Creditor-Owned Company

The bankrupt crypto firm plans to send ballots to account holders who will vote on a proposal to restart Celsius as a user-owned...

Bankruptcy Over For Crypto Lender Celsius Network?

Celsius Network, the crypto lender that filed for Chapter 11 bankruptcy in June last year, is on the brink of concluding...

Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court...

BlockFi Wallet Account Users to Get Back $297 Million: Report

Users of non-interest bearing accounts at bankrupt crypto lender BlockFi will see their funds returned. Photo by Tingey Injury...

Celsius eyes merge of entities as creditors claim distinctions were a ‘sham’

Defunct crypto lender Celsius Network is looking to combine its United Kingdom and United States entities as new court filings allege that any supposed...

Paxful Announces Decision To Personally Return Lost Celsius Funds For Paxful Earn Users

Global peer-to-peer Bitcoin platform Paxful announced it will provide almost nine bitcoin worth ~$250,000.00 to its Paxful Earn users who were affected by the...

Celsius custody account holders can receive 72.5% of their crypto, says bankruptcy judge

A bankruptcy judge overseeing the bankruptcy case for crypto lending platform Celsius Network has approved a settlement plan allowing custody account holders to get...

3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers

Three Arrows Capital founder Kyle Davies has not responded to a subpoena issued over Twitter aiming to gather information related to the firm’s assets.In...

Celsius’ Independent Examiner Reveals Astonishing Facts About Internal Discrepancies

Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by...

Celsius Proposes Issuing New Tokens as Part of Restructuring Plan

60 mins ago | 2 mins read Defi News The results of the voting would be considered by U.S. Bankruptcy Judge...

Customers Can Now Withdraw Funds from Bankrupt Celsius

Celsius has won court approval for customer withdrawals. The lending firm filed for bankruptcy on July 14, 2022. Judge Martin Glenn also gave...

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