Celsius Terms News Today

The “crypto winter” of 2022 brought a bear market and a recent wave of bankruptcies to the crypto industry, leaving some retail customers of crypto exchanges frozen out of their...

Court rules that Earn Account Cryptocurrency is owned by Debtors and will not be returned - In our latest Bitblog update regarding the Celsius Network LLC, et al. (the...

The "crypto winter" of 2022 brought a bear market and a recent wave of bankruptcies to the crypto industry, leaving some retail customers of crypto exchanges frozen out of their accounts.

Limited to the specific terms of the customer agreements, Judge Martin Glenn issued a ruling in the Celsius bankruptcy proceedings. From the beginning, Depositors advocated that cryptocurrencies held on the Celsius platform should be returned to them as quickly as possible.

Whose crypto is it? With multiple cryptocurrency companies that have recently filed for bankruptcy, FTX, Voyager Digital, BlockFi, and more coming, that simple sounding question is taking on huge significance. Celsius Network bankruptcy case addresses question.

Over the span of two weeks in July 2022, two of the largest retail-facing cryptocurrency platforms, Celsius and Voyager, filed for chapter 11 bankruptcy protection. Both cases were...

As digital asset markets continue to struggle, and multiple digital asset platforms seek refuge in Chapter 11 proceedings, courts will be confronted with several novel issues.