Follow Celsius news, including bankruptcy proceedings, creditor updates, legal rulings, restructuring efforts, and fallout across crypto markets.
The crypto lender emphasized that eligible users must update their accounts with certain information before any withdrawals can be processed.
Oluwapelumi Adejumo 2 min read 
Celsius' examiner report claimed Tether had over $2 billion Celsius exposure and was an "existential threat" to the lender's financial health.
Bank to the Future CEO Simon Dixon has confirmed that his company submitted a bidding proposal for Celsius assets.
Senator Warren said that the crypto industry is 'scared' of a strong SEC and is, therefore, spending millions lobbying to escape oversight.
The company's plans must still be approved by courts and creditors.
The New York attorney general has filed a lawsuit against Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors.
Judge Martin Glenn ruled that the funds deposited in Earn Accounts belong to Celsius
Celsius has requested an expedited hearing for a motion to extend the deadline for submitting proofs of claim and grant related relief.
David Marcus said that the indecision among regulators will continue in 2023 and clear crypto regulations will take a "couple of years."
