Fahrenheit

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.
SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Celsius EX-CEO Alex Mashinsky, right. (Victor Chen/CoinDesk)
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.
Celsius EX-CEO Alex Mashinsky, right. (Victor Chen/CoinDesk)

Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Most of the classes in the bankruptcy claim voted by more than 98% in favor of the reorganization.
Former Celsius CEO Alex Mashinsky outside a courthouse in New York on July 25, 2023. (Anna Baydakova/CoinDesk)

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
Crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network, whose assets were previously valued at around $2 billion, according to court filings. "...
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius