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Celsius Network's Resurgence: From Bankruptcy to a New Crypto Frontier

Celsius Network resolves its bankruptcy, distributing $3 billion and launching Ionic Digital, amidst operational shifts and ongoing legal challenges.

FTX and Celsius Navigate Troubled Waters Post-Bankruptcy

Cryptocurrency heavyweights like FTX and Celsius navigate post-bankruptcy challenges, with legal battles and regulatory scrutiny. Meanwhile, Voyager faces settlement fallout, while BlockFi stages a remarkable comeback. Genesis and Core Scientific grapple with complex legal issues. The crypto industry's financial drama unfolds with uncertainties, resembling a high-stakes poker game.

Celsius Network Creditors Brace for Phishing Onslaught Amidst Bankruptcy

As the bankruptcy proceedings of Celsius Network reach their culmination, a concerning resurgence of phishing attacks has emerged, posing significant risks to the lender's creditors.

Celsius set to hold vote on bankruptcy plan

The current offer would mean selling the company to Farenheit Consortium, and customers getting between 67-85% of their money back.

Celsius was insolvent since inception, court-appointed examiner reveals

Celsius Network had cheated customers since its foundation as a public company in the United States, which it allegedly created to avoid regulation in the United Kingdom.

Celsius Spent $40 Million in Cash on Mining Operations Two Weeks Before Bankruptcy

Celsius CEO personally directed crypto trades months before bankruptcy: Report

One person familiar with events at Celsius reportedly said CEO Alex Mashinsky was “slugging around huge chunks of Bitcoin” and ordering trades based on bad information.

Ex-employees of Celsius revealed: the reasons for the bankruptcy of 11.8 billion crypto giants

The latest turmoil has been fueled by a series of internal missteps at the company, according to former employees and internal documents reviewed by CNBC.

Celsius bankruptcy filings show a company in deep trouble

The 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.

BREAKING: Celsius reportedly filing for bankruptcy 'imminently'

An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."