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Celsius Withdraws Motion To Rehire CFO: CNBC

www.benzinga.com

A court filing submitted Friday in the Southern District of New York states that the bankrupt cryptocurrency lender Celsius has dropped its plea to reinstate former CFO Rod Bolger, reported CNBC. The withdrawal notice was published just before a Monday, August 8 hearing to review it.

Read in Full: www.benzinga.com

Timeline of Celsius


Celsius withdraws motion to rehire CFO at $92,000 a month - Cryptopolitan

According to a court filing in the Southern District of New York, lending platform Celsius has withdrawn its motion to hire former CFO, Rod Bolger. The motion would have had the CFO paid $92,000 per month for a period of at least six weeks, prorated.


Celsius backtracks on hiring former CFO as consultant - CryptoSlate

Celsius has withdrawn its motion to rehire former CFO Rod Bolger as a consultant, according to an August 5 court filing. The post Celsius backtracks on hiring former CFO as consultant appeared first on CryptoSlate.


Celsius Seeks To Rehire CFO At $93,000 A Month, Customers — Not Surprisingly — Object - Benzinga

Bankrupt crypto lending platform Celsius has sought a judge's permission to reinstate the company's former CFO Rod Bolger and pay him $93,000 each month over a minimum of six weeks. According to a motion filed with the Southern District of New York Bankruptcy Court, Celsius stated, “In consideration for the advisory services rendered by Mr.


Celsius Is Looking To Rehire Its CFO Rod Bolger: CNBC - Benzinga

Ex-CFO Rod Bolger is being sought after by bankrupt cryptocurrency lender Celsius in exchange for $92,000 monthly pay, prorated over a minimum of six weeks, reported CNBC. What happened: According to a motion submitted to the Southern District of New York, the struggling lender claims that Bolger is necessary to assist it in navigating the bankruptcy proceedings as an advisor.


Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid - Forbes

Bankrupt crypto lender Celsius Network claimed to operate like a bank, only better. However, because it was not actually a bank, many of its depositors are about to find out that they may have to wait a very long time to get reimbursed.


Celsius Network Crash Leaves Customers Struggling Without Funds - PYMNTS

Crypto lending is going sour for many investors who are now seeing very real risks play out as companies like Celsius go under, leaving withdrawals and money frozen. "I knew there were risks," said a client in an unsigned letter to the judge overseeing the multi-billion-dollar Celsuis bankruptcy, one of many such letters.


Celsius Users Beg The Court To Release Crypto They Can Buy Food - DCForecasts

Celsius users beg the court to release the frozen crypto with one user even saying that he needs the money to put food on the table so let's read more today in our latest cryptocurrency news.


Celsius Data Breach Could Spell Further Misery for Users - BeInCrypto

Celsius has confirmed that a list of client email addresses was stolen by an employee of Customer.io, increasing the risk of phishing attacks by malicious third parties. The post Celsius Data Breach Could Spell Further Misery for Users appeared first on BeInCrypto.


Celsius reveals customer data breach by vendor's employee - CryptoSlate

Embattled crypto lender Celsius Network has revealed via email that some of its customers' data were breached by an employee of Customer.io. The post Celsius reveals customer data breach by vendor's employee appeared first on CryptoSlate.


US Senator blames SEC for Celsius' collapse - Cryptopolitan

US Senator Pat Tomey has called out the Securities and Exchange Commission over their role in the build-up to investors losing funds deposited on Celsius. The crypto lending platform announced some weeks ago that it was suspending withdrawals, holding on to investors' funds.

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