FTC announces settlement with bankrupt crypto platform Celsius Network
The Federal Trade Commission announced a settlement with bankrupt cryptocurrency platform Celsius Network.
The Federal Trade Commission announced a settlement with bankrupt cryptocurrency platform Celsius Network.
The Trustee argues that bidding procedures should not be approved until it is known what specific Celsius assets are to be sold.
The US Trustee opposes Celsius’ plans to reopen withdrawals for certain customers and to sell stablecoin.
The Texas State Securities Board and the Texas Department of Banking object to Celsius’ motion to permit the sale of stablecoin.
Celsius appoints Chris Ferraro as Chief Restructuring Officer and Interim Chief Executive Officer as Alex Mashinsky steps down.
The Court has directed the United States Trustee to appoint an examiner in the Celsius chapter 11 cases.
The Texas State Securities Board supports the US Trustee proposal for the appointment of an examiner in the Celsius bankruptcy case.
The US Trustee requests that a final order on Celsius’ Cash Management be denied until the debtors establish they have satisfied Section 345.
William K. Harrington, United States Trustee for Region 2, seeks the appointment of an examiner in the Celsius Chapter 11 case.
Crypto firm Celsius Network LLC, which has filed for Chapter 11 bankruptcy, has secured Court permission to sell mined Bitcoin.