Court sets new deadline for Celsius restructuring plan
[Dec 6, 2022 4:58 AM] Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 13.
7 / 7 Relevant items tagged with #Celsius
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Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist
[Dec 2, 2022 10:35 AM] Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
[Nov 28, 2022 1:00 PM] On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant…
Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX
[Nov 28, 2022 12:27 AM] The fall of FTX appears to have brought back certain crypto "villains” out from hiding, one even wants to start a new podcast series.
Core Scientific in 'substantial doubt' of continuing without more cash
[Nov 22, 2022 8:23 PM] The Bitcoin miner warned its cash reserves may be depleted by the end of 2022 or sooner as it cuts back on spending, including not making loan repayments.
Celsius had 'insufficient' accounting and operational controls, says examiner
[Nov 20, 2022 9:56 PM] The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
[Nov 18, 2022 1:30 PM] Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no…
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
[Nov 16, 2022 9:30 AM] Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s…
Report Says Alameda Research ‘Didn’t Trade Crypto,’ Speculators Think SBF’s Political Connections Let FTX Fly Under the Radar
[Nov 12, 2022 9:00 AM] On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The…