Celsius Initiates Asset Distribution as FTX Repayment Plan Gains Approval
Celsius distributes $3B to creditors; FTX's $7B repayment plan approved. Challenges persist in crypto insolvency resolutions.
Huang BoCelsius distributes $3B to creditors; FTX's $7B repayment plan approved. Challenges persist in crypto insolvency resolutions.
Huang BoCelsius Wallet's $36 million Ethereum deposit into exchanges amid restructuring reflects ongoing efforts to address financial woes. Despite founder legal issues, a court-approved plan introduces "NewCo" for fund generation. Unstaking activities aim to ensure timely distributions to creditors, emphasizing commitment amid intricate challenges.
Cheng YuanCelsius Network is transforming into a Bitcoin miner while navigating legal challenges
Hui XinThe competitor to the Aptos blockchain said that developers can continue to use its devnet.
OthersUSDT stablecoin issuer Tether has denied any connection between its investment in Celsius and its reserves or stability.
CointelegraphHector, one of the fastest growing platforms, has officially rebranded itself as Hector Network to reflect the recent changes made ...
BitcoinistThe bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits some believe they may not be required to give back.
CointelegraphCrypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a ...
BitcoinistThe USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability.
CointelegraphInvestments have always been a risky affair, and the biggest concern among most is which platform to go for. More ...
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