Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
Celsius hired attorneys from Akin Gump Strauss Hauer & Feld LLP to help advise on possible solutions for its liquidity issues.
Jinia Shawdagor 2 min read 
Amid the chaos and rumors of Celsius' liquidity problems, the price of its native token jumped to the highest price since April reaching $2.56 on FTX.
Celsius deposited 2,000 WBTC to their collateral throughout the night in an attempt to gain more breathing room before their $534 million Maker vault becomes vulnerable to liquidation.
Nexo made an unsolicited offer to buy "any remaining qualifying assets" of Celsius Network, including its collateralized loan portfolio, brand assets, and customer database.
Crypto lending and borrowing platform Celsius has halted withdrawals, sparking more questions about the firm's solvency.
Trouble pulling funds, in conjunction with other red flags, have the community wondering what is happening at Celsius.
Customers have complained of poor treatment at the hands of Celsius regarding its collateralized loan offering.
The SEC is clamping down on crypto services companies who have not registered their products as securities.
Celsius overtakes MicroStrategy as the company with the biggest Bitcoin hoard.
