bankruptcy

CoinDesk - Unknown
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of Its Failure
The New Jersey-based crypto lender has a $1.2 billion hole in its balance sheet and will likely struggle to pay back its customers and creditors.
CoinDesk - Unknown

CoinDesk - Unknown
Celsius Outlines Next Steps as Bankruptcy Proceedings Begin
The insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement.
CoinDesk - Unknown

CoinDesk - Unknown
The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts.
CoinDesk - Unknown

CoinDesk - Unknown
Celsius Owed $439M by Lending Firm EquitiesFirst: Report
Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.
CoinDesk - Unknown

CoinDesk - Unknown
Giving Up the Ghost? It’s Chapter 11 Time for Celsius
Celsius Networks has moved into bankruptcy proceedings.
CoinDesk - Unknown

CoinDesk - Unknown
Celsius Acknowledges $1.2B Hole in Balance Sheet
The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
CoinDesk - Unknown

CoinDesk - Unknown
Celsius Network 'Could Stick Around' After Bankruptcy, Restructuring Expert Says
Ryan Preston Dahl joined CoinDesk TV’s “First Mover” to discuss the crypto lender's filing.
CoinDesk - Unknown

CoinDesk - Unknown
Analysts See Recovery for CEL Token Despite Celsius Bankruptcy
CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the token.
CoinDesk - Unknown

CoinDesk - Unknown
Celsius' Mining Unit Files for Bankruptcy Just Months After Announcing IPO Intention
Celsius Mining said in March that it intended to go public.
CoinDesk - Unknown