Bankruptcy
Celsius seeks final approval for $45 million Core Scientific Bitcoin mining site
Celsius strides towards bankruptcy resolution with proposed $45m Cedarvale acquisition.
Liam 'Akiba' Wright 2 min read
Celsius News
Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
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Top Celsius Stories
Bankruptcy
SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan
The regulator fears that Coinbase might overstep that role and act as a brokerage.
Bankruptcy
TechCrunch founder Arrington steps down from new Celsius board over constitution disagreement
Ravi Kava will replace Michael Arrington on the new company's board.
Latest Celsius News & Analysis
Bankruptcy
Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias
Celsius faces backlash over bankruptcy plan perceived as preferential to institutional lenders.
Bankruptcy
Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement
Celsius moves to buy Cedarvale mining site for $45M, betting on increased mining capacity amid bankruptcy proceedings.
Bankruptcy
New Celsius 2.0 company board proposal released, led by former Algorand CEO
Celsius bankruptcy proceedings inches closer to its end.
Legal
Alex Mashinksy’s assets were frozen by court order in August
Court documents unsealed September 5 indicated that the former Celsius CEO's assets, including multiple bank accounts, were frozen last month.
Bankruptcy
US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
The data center operator said it could manage up to 310,000 Bitcoin miners from Celsius and other clients.
Crime
Former Celsius CEO Alex Mashinsky loses motion to dismiss civil fraud lawsuit
The civil lawsuit brought by NY Attorney General Leticia James, accuses Mashinsky of duping customers through misleading and false claims.
More Celsius News Headlines
Bankruptcy
Celsius reaches settlement that will enable users to receive assets by year-end
Bankruptcy
Bankrupt Celsius transfers $24M worth of altcoins to FalconX, OKX
Bankruptcy
Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities
Analysis
