Celsius Begins $220M Payout to Creditors
Bankrupt crypto lender Celsius has initiated its third round of distributions, sending out $220 million to creditors. The ongoing payments are…
Celsius To Appeal FTX Claim Denial
Celsius appeals Judge Dorsey’s order dismissing its claims for damages against FTX, citing procedural shortcomings in the bankruptcy case.…
Judge Delays Sentencing In Ex-Celsius Exec Case
Judge John Koeltl approved delaying Cohen-Pavon’s sentencing to follow Mashinsky’s, set for April 2025, at US Attorney Damian…
Celsius Founder Set To Plead Guilty to Fraud Charges
Celsius founder Alex Mashinsky has consented to a guilty plea to fraud charges that pertain to the manipulation of the Cel token market.…
Celsius to Distribute $127M from Litigation Recovery
Celsius announces a $127M payout to creditors, but some users express frustration over delays and small recoveries from the bankrupt crypto…
Celsius Hands Out $2.5 Billion to 251,000 Creditors
According to a Monday court filing, the Celsius bankrupt cryptocurrency lender has reimbursed almost $2.53 billion to 251,000 creditors. As…
Celsius Small Business Creditors Demand Reimbursement
Two Celsius creditors have submitted a motion to request a second distribution, alleging that they have experienced diminished payments due to…