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Latest on Celsius: Unsecured Creditors Committee Outlines Plan of Action

crypto.news

In the most recent Celsius-related news, the Selected Unsecured Creditors Committee (UCC), which was recently given the job of protecting the rights of unsecured creditors on the crypto platform, has finally released a statement outlining its plan of action.

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Timeline of Celsius


Ripple Labs Weighing Potential Celsius Network Acquisition - InvestingCube

A Ripple Labs Inc spokeswoman has told Reuters that the company is considering buying the assets of bankrupt cryptocurrency lender Celsius Network. Celsius submitted their petition for protection under the bankruptcy law in July, and in June, it suspended all customer withdrawals.


Celsius Faces Objection over Plan to Pay $409,000 in Severance to Just 19 Staff - CoinMarketCap

This isn't the only objection that Celsius is facing. Also this week, the company attempted to seek permission to sell some of its Bitcoin — and this proposal is also being challenged.


Celsius Former CFO Will Not Be Rehired - DCForecasts

Celsius former CFO will not be rehired as the newest developments suggest. Struggling cryptocurrency lender Celsius has withdrawn its request to rehire its CFO Rod Bolger as an advisor to help the platform with bankruptcy procedures.


Ripple Labs Is ‘Interested' in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says - Bitcoin

According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple's spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say.


Will Ripple Buy Assets From Bankrupt Crypto Lender – Celsius Network? Know The Truth - CoinPedia

A representative for San Francisco-based cryptocurrency company Ripple Labs said on Wednesday that the company might be the ‘potential buyer of the assets of bankrupt cryptocurrency lender Celsius Network, according to a Reuters report. The blockchain payments company is reportedly interested in Celsius' assets, although the specific plans are unclear.


Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here's What We Know - BeInCrypto

Reuters reported that Ripple Labs could potentially buy assets of the defunct cryptocurrency lender Celsius Network, citing a company representative. The post Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here's What We Know appeared first on BeInCrypto.


Why Ripple Might Purchase Celsius Assets, Report Says - Bitcoinist

Per a report from news outlet Reuters, payment company Ripple is exploring the possibility of acquiring the assets of bankrupt crypto lender Celsius Network. The purchase might materialize via Ripple Labs, according to a company spokesperson.


Ripple Is Reportedly ‘Interested in Learning About Celsius and Its Assets' - CryptoGlobe

It seems that Californian FinTech firm Ripple is considering purchasing the assets of bankrupt crypto lending firm Celsius Network. According to a report published by Reuters earlier today, a company representative told them: “We are interested in learning about Celsius and its assets, and whether any could be relevant to our business.


Ripple Interested in Buying Up Celsius' Distressed Crypto Assets: Report - The Daily Hodl

San Francisco payments firm Ripple is reportedly interested in buying assets from bankrupt crypto lending platform Celsius. According to a report from Reuters, a spokesperson for Ripple said that the company was looking to see if there was any synergy between it and Celsius' assets.


Celsius Cancels Original Motion to Rehire Former CFO - Crypto news

Struggling cryptocurrency lender Celsius has dropped the motion to rehire its former chief financial officer (CFO) Rod Bolger to assist the platform with bankruptcy proceedings in an advisory capacity.

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