JUST IN: An office in the U.S Department of Justice has asked a federal court to allow it to appoint an independent examiner to investigate Celsius Network and its financials. nikhileshde reports
Crypto Lender Celsius On Pace to Run Out of Cash by October
"No description of the types of claims the Debtors may have against this lender are made in the Mashinsky Declaration, nor is there an explanation for why legal recourse was not sought," the filing said, using the last name of Celsius CEO Alex Mashinsky."There is also no description of any investigation by the Debtors into its legal recourse."
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‘Consumer Business Is Dead’ for Crypto Lender Celsius, Bankruptcy Expert Says507 Capital founder ThomasBraziel told CoinDesk TV’s “First Mover” that CelsiusNetwork retail investors may recover only 50 cents to 60 cents on the dollar from the bankrupt crypto lender. _franvela reports.
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Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently – Bitcoin NewsOn August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined.
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Celsius approved to access mined bitcoin to meet operational expensesParties in crypto lender Celsius's bankruptcy proceedings met again today to settle a number of matters related to the firm's operations.
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Crypto lender Celsius is conducting its own misconduct investigationCelsius is conducting its own misconduct investigation as customers tell a bankruptcy court that the company's founders misled them
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Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined BitcoinA CelsiusNetwork bankruptcy lawyer said getting the liquidity-starved company more cash is 'mission critical.' sndr_krisztian reports
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Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender CelsiusCanadian pension fund giant CDPQ said it will write off its entire $150 million bet on bankrupt crypto lender Celsius, noting it entered the volatile sector “too soon.” mikeybellusci reports
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