Celsius investors file for ‘fiduciary’ to advocate for them in bankruptcy case

Two investors holding equity in crypto lending platform Celsius filed a request on Thursday for a committee to represent their interests in bankruptcy proceedings. Growth equity firm WestCap and Quebe...

Bitcoin drama, EthPoW tragedy, Celsius comedy

Welcome to the 86th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...

Celsius Revival Hinges on “Crypto-Based Solutions and Tradable Wrapped Assets” – crypto.news

A new recording has emerged of Celsius Network Co-founder Nuke Goldstein discussing the plan to use “crypto-based solutions” to repay its Earn customers and revive the company’s fortunes. Crypto Lende...

Celsius Shareholders Call For Equal Representation

Celsius, a bankruptcy ridden digital asset lending company is dealing with legal trouble amid the crypto downturn. However, its shareholders have now filed a motion to set up a committee in order to g...

Celsius shareholders want their own legal representation in bankruptcy case

Celsius shareholders have requested an official legal representation that would represent their interest in the bankruptcy proceedings, according to a Sept. 22 court filing. According to the filing, t...

Celsius Network May be Planning to Convert its Loans to Crypto ‘IOU’ Tokens

Celsius Network Crypto Lender filed its bankruptcy in July 2022.  Celsius Network is a crypto lender that filed for Bankruptcy under chapter 11 of Bankruptcy rules in July 2022. The company halte...

Washington State Hops on Celsius Network’s Bankruptcy Case

Celsius has been grilled by state watchdogs for alleged “financial mismanagements.” In a recent turn of events, Washington’s Assistant Attorney General Stephen Manning filed a motion on September 22nd...

Celsius to Create Tradable Wrapped Tokens

12 seconds ago | 2 mins read Exchange News The wrapped tokens will be redeemable by Celsius customers for a particular ratio. In July, Celsius sought Chapter 11 bankruptcy protection. A new record has...

What is Celsius’ New Revival Plan?

What is Celsius' New Revival Plan?A Glimpse into Celsius’ Newly Leaked Payback Plan September 22, 2022It has come to the limelight that Celsius’ proposed payback to customers includes ...

Celsius Revival Plan Appears To Include Issuing Wrapped Assets

One more recording of Celsius’ administration shows the company’s proposition incorporates giving tradable wrapped resources to clients Customers can redeem their wrapped tokens  Celsius should introd...

Celsius May Repay Customers With Wrapped Assets

Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed. In the recording posted by Tiffany Fong, C...

Celsius Looking To Pay Back Customers With New Wrapped Assets

The post Celsius Looking To Pay Back Customers With New Wrapped Assets appeared first on Coinpedia Fintech News Celsius executives seem to be considering putting forward a proposal to pay back custome...

Celsius new recovery plan leaked

A recently leaked recording of Celsius’ leadership reviews the strategic plan to reimburse clients, which involves releasing new wrapped assets to trade on other platforms. In the recording provided b...

Celsius Price Analysis: CEL Struggles to Maintain the Pace inside the Rising Channel!

Celsius price struggles to get back inside the rising parallel channel over the daily price chart. CEL crypto is currently trading at 20, 50 and 100-days DMA but still below 200-days DMA. The pair of ...

Celsius Seeks Selling of Stablecoin Funds; Filed Motion 

Following the recent crypto winter, one of the beleaguered crypto firms was Celsius. The problems with the crypto lender does not seem to take a breath for a while. Now the crypto firm is reported to ...

U.S. FTC Files Motion to Be Included in Celsius Bankruptcy Proceedings – crypto.news

The U.S. Federal Trade Commission (FTC) has filed a motion to be included in Celsius Network’s ongoing chapter 11 proceedings. Lawyers Request For Documents Relevant to Bankruptcy Proceedings In a fil...

Here is why a Examiner Appointed in The Celsius Bankruptcy Case

In a recent leaked recording, Celsius is attempting to revive after it fell into a financial burden. The Southern District of New York bankruptcy judge appointed an independent examiner to examine the...

Celsius Seeks Authorization to Sell Stablecoin Holdings Worth $23 Million – crypto.news

The now bankrupt crypto lender, Celsius Network, has asked the court for permission to sell stablecoins in its possession to generate funds to run its operations. A $23 Million Stablecoin Stockpile Th...

CEL Price Analysis: Celsius Crypto falls as the bearish grip tightens in the market

•CEL/USD is currently priced at $1.39 and has decreased by 4.80% over the past day •The trading volumes have decreased by 32.23% over the past day  •The technical indicators suggest a hawkish out...

Is Celsius Not Being Open Enough About Its Financial Situation?

Sasha Hodder – founder of Hodder Law Firm – has mentioned the U.S. trustee overseeing the Celsius Network bankruptcy proceedings is seeking the aid of an independent examiner due to the company not be...

Celsius asks bankruptcy court for permission to sell stablecoin holdings

Bankrupt crypto lender Celsius sought permission in a late Thursday court filing to sell its stablecoin holdings. The firm disclosed $23 million worth of stablecoins held by thee of its corporate enti...

Celsius (CEL) Price Prediction 2022 — Will Celsius Hit $5 Soon?

Bullish Celsius price prediction is $2.39788 to $4.13498. Celsius (CEL) price might also reach $5 soon. Bearish Celsius price prediction for 2022 is $0.45380. In Celsius (CEL) price prediction 2022, w...

Celsius Files for Permission to Sell Stablecoin Holdings

Bankrupt cryptocurrency lending firm Celsius Network has filed an application to the court for authorization to sell its stablecoin holdings in a bid to generate liquidity to continue its daily operat...

Celsius Files for Permission to Sell Its Stablecoin Holdings

Bankrupt crypto lender Celsius Network on Thursday filed a request for bankruptcy court permission to sell its stablecoin holdings to fund its Chapter 11 cases, according to a court document. The New ...

Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins – Bitcoin News

According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a...

Why Celsius Investors Don’t Seem Upbeat Despite CEL Rallying 30%

Celsius (CEL) has been on the headlines recently in line with hearing updates following its filing of bankruptcy and sale of stablecoins. CEL price spikes 30% as seen in the past 24 hours Price slumps...

Celsius requests permission to sell off its stablecoins

Celsius Networks, a crypto lending company that had frozen withdrawals in June and has been proceeding through Chapter 11 bankruptcy since July, asked the United States Bankruptcy Court for the Southe...

Celsius Network Seeks Permission to Liquidate Its Stablecoin Holdings

Meanwhile, the filing noted that the sales do not breach any law since the assets in question are stablecoins. Celsius Network has filed a motion at the US Bankruptcy Court for the Southern District o...

Did the Celsius liquidity plea trigger CEL’s 34% freefall?

Crypto lending firm Celsius [CEL] seems to be committed to restoring its lost reputations and getting back to full operation. In its latest filing with the New York Southern District Bankruptcy Court,...

Cornered Crypto Lender Celsius Seeks Permission To Sell Its $23 Million Stablecoin Stash ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bankrupt crypto lending company Celsius has requested the court for authorization to sell its stablecoin holdings. The sale of the stablecoins will g...

Celsius Network Submits a Request To Sell Its Stablecoin Holdings Worth About $23M

A bankrupt crypto lending company, Celsius Network, reveals about its file request to sell its stablecoin holdings. All the documents related to the case were submitted to the United States Bankruptcy...

Celsius (CEL) Pumped 40% – CEO Alex Mashinsky to Rebrand Company

Join Our Telegram channel to stay up to date on breaking news coverage Despite the crypto market’s prolonged instability, Celsius (CEL) pumped 40% in seven days. The CEL coin has extended its upward r...