Celsius: Judge permits independent examiner's probe in bankruptcy case
A federal judge from the United States Bankruptcy Court for the Southern District of New York has allowed the U.S. Trustee's office to appoint an independent examiner to investigate the affairs at the New Jersey-based bankrupt cryptocurrency lending company Celsius Network.
Timeline of Celsius
Celsius Meeting Audio Leaked – Why Staffers Are Reacting With Mistrust - Bitcoinist
Under intense pressure, Celsius, an experimental cryptocurrency lender, cracked under heavy pressure and was forced to file for bankruptcy in July. However, the CEO of the company recently revealed an outlandish proposal to his staff.
Celsius Network eyes up rebrand as CEL token pumps and dumps - Proactive Investors
Alex Mashinky wants to rebrand his failed crypto lending company Celsius Network as a custody service under new name Kelvin. In recordings heard by the New York Times, the discredited Celsius chief executive officer told staff of his plan to rebuild the company by offering crypto storage services, a vast departure from a business model built on unsustainable yield generation.
Celsius Planning Comeback As Kelvin - Crypto Daily
The bankrupt Celsius Network has revealed plans for a comeback as a crypto custody firm, including a name rebranding. CEO Proposes Rebuilding And Rebranding Crypto lending program Celsius tumbled in the spring of 2022, resulting in a domino effect that took down many other crypto startups and associated projects.
As Ethereum Merge Happens, Another Crypto Sees Unexpected 66% Rally: Vitalik Buterin Says 'Celsius' Converted To 'Fahrenheit' - Benzinga
The native token of the Celsius Network (CRYPTO: CEL) unexpectedly rallied 66% immediately after the Ethereum (CRYPTO: ETH) Merge, leaving many market participants confused. What Happened: CEL surged from around $1.9 to a high of $3 within 60 minutes of the Ethereum Merge on Sept.
Judge to appoint examiner in Celsius case - The Block
A U.S. bankruptcy judge approved an order to appoint an examiner to embattled lender Celsius at today's hearing. The post Judge to appoint examiner in Celsius case appeared first on The Block.
Celsius presents creditors plan to revive business operations - The Block
Celsius' Committee of Unsecured Creditors addressed comments made by executives in a recently leaked recording of a company meeting. The post Celsius presents creditors plan to revive business operations appeared first on The Block.
Celsius's CEO plotting a pivot to custody services- Details inside - AMBCrypto
Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company's operations from lending services to custody services. The pitch was reportedly made during an internal all-hands meeting on 8 September.
Crypto lender Celsius Network Releases Recovery Plan Here is What Traders Should Know - CoinPedia
After bankruptcy, the CeFi lender is planning an ambitious comeback by offering crypto custodial services. According to the New York Times, the Celsius Network is one of many companies that have been hit hard by the pandemic. The company, which headquarters are based in the USA, was forced to declare bankruptcy in July.
Celsius Price Pumps 17% After Plan Emerges to Refocus Business - Cryptonews
The price of CEL, a token issued by the troubled crypto lender Celsius Network, pumped around 17% in the market today, as news broke that the company is exploring new business areas to stay alive.
Celsius spikes 18% higher on release of ‘Project Kelvin' recovery plan - CryptoSlate
The Celsius (CEL) token posted 18% gains in the last 24 hours to trade at $1.70 as of press time on September 14. The post Celsius spikes 18% higher on release of ‘Project Kelvin' recovery plan appeared first on CryptoSlate.
