Bankruptcy
Celsius sues BitMEX for $495 million just 11 days before exchange shutdown
Celsius estate is targeting 6,360 BTC as the derivatives exchange moves toward its Sept. 23 shutdown.
Oluwapelumi Adejumo 5 min read
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Bankruptcy
Why 37 million Celsius bankruptcy shares are blocked from an immediate cash-out despite Nasdaq debut
IOND closed its first session at $62.90, while broker transfers and securities restrictions still shaped practical liquidity.
Bankruptcy
Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations
Together, the court-entered orders restrict marketing across deposit, exchange, investment, withdrawal and trading products, including assisted activity.
Latest Celsius News & Analysis
Legal
Celsius gets go-ahead in legal battle to recover $4B in Bitcoin from Tether
Celsius argues Tether's liquidation of 57,000 BTC breached contract terms, potentially impacting $4 billion in assets.
Bankruptcy
Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process
Customer relief prioritized as Mashinsky exits Celsius bankruptcy claim in wake of fraud conviction.
Legal
Former Celsius CEO Alex Mashinsky receives 12 years in prison over fraud scheme
The sentencing closes the federal prosecution chapter, but Mashinsky still faces bankruptcy and related civil litigation.
Legal
Celsius Network appeals $2B disparagement claim rejection against FTX
Celsius has filed an appeal challenging procedural shortcomings in pursuit of $444 million claim against FTX.
Bankruptcy
Celsius initiates second payout of $127 million, enhancing creditor returns to 60.4%
Former creditors will see disbursements based on Bitcoin’s fluctuating value amid Celsius' distribution efforts.
Bankruptcy
Celsius distributes $2.53 billion, some creditors leave funds unclaimed
Ionic Digital, a new Bitcoin mining company borne out of Celsius bankruptcy, said it has energized a facility in Texas.
More Celsius News Headlines
Legal
Tether calls Celsius’ lawsuit “baseless” in response to Bitcoin liquidation dispute
Bankruptcy
Celsius Network initiates legal action to recover funds from pre-bankruptcy withdrawals
Tokenization
Celsius Network burns entirety of its CEL holdings, eliminating 94% of total supply
Bankruptcy
