Celsius poised to become a mining company if SEC approval is granted
Celsius Network will focus solely on cryptocurrency mining after restructuring. This will be possible if the amended plan is approved by the SEC.Celsius is a platform for cryptocurrency deposits and loans. It ceased operations in June 2022 due to the crypto winter and a failed investment strategy.
Celsius poised to become a mining company if SEC approval is granted
Celsius Network will focus solely on cryptocurrency mining after restructuring. This will be possible if the amended plan is approved by the SEC.
Fraud trial of Celsius’s former CEO set for September 2024
The fraud case against Celsius's former CEO Alex Mashinsky is set for September 17, 2024.
Celsius successor to receive $450 million in digital assets and Nasdaq listing if restructuring plan approved by court
NewCo, which is expected to replace the bankrupt Celsius, will receive $450 million in digital assets and list on Nasdaq if the restructuring plan is approved by the court.
Celsius creditors vote for restructuring plan
98% of Celsius creditors affected by the bankruptcy backed the restructuring plan of the crypto-lending platform, under which they will recover part of their assets and receive a stake in the new company.
Former Celsius Network executive pleads guilty
Former Celsius Network chief executive Roni Cohen-Pavon pleaded guilty to four counts, including fraud and price manipulation.
Former Celsius CEO seeks to dismiss FTC suit
The former Celsius Network CEO Alex Mashinsky has filed in the Southern District of New York a motion to dismiss the FTC's suit against him.
Court orders asset freeze on Celsius’s former CEO
A New York district court ordered an asset freeze on Celsius's former CEO Alex Mashinsky during the pendency of his criminal case.
Court orders Celsius creditors to vote on sale of Celsius Network assets to Fahrenheit consortium
The court issued an order, under which creditors of the bankrupt Celsius Network must vote on the sale of the group\'s digital assets to the Fahrenheit consortium.
WSJ: Celsius reaches key settlements to return funds to clients
Bankrupt crypto lending platform Celsius Network has signed a series of global settlements that pave the way for court approval for the return of funds to clients. The Wall Street Journal reports.
Celsius to pay investors $25 million from GK8 sale
The bankrupt Celsius Network has reached an agreement with Series B investors to distribute $25 million from the sale of the GK8 crypto custodian.We use cookies to improve the quality of our service.
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