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Bankruptcy Judge Denies Celsius' Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily | Currency News | Financial and Business News

A federal bankruptcy judge struck down Celsius Network’s plans to pay out nearly $3 million in retention bonuses to a select group of employees on...

Wisconsin , United-states , Texas , Vermont , Shoba-pillay , Shara-cornell , Martin-glenn , Layla-milligan , Gregory-pesce , Us-trustee-office , White-case , Celsius-network

US Trustee Proposes for Independent Examiner in Celsius Bankruptcy Case

US Trustee Proposes for Independent Examiner in Celsius Bankruptcy Case
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New-york , United-states , Shara-cornell , Johnk-kumi , Us-trustee-office , Office-of-the-trustee , Celsius-network , Us-bankruptcy-court , United-states-trustee , Southern-district ,

Celsius Gets Green Light To Access Mined Bitcoin, Sell It For Operational Funds

Before facing bankruptcy and liquidity issues, Celsius reportedly had plans to dive into the crypto mining industry, which currently generates 14.2 BTC per day.

New-york , United-states , Shara-cornell , Martin-glenn , Google , Us-bankruptcy-court , United-states-bankruptcy-court , Southern-district , Bitcoin-sale-motion , New-york-sunday , Crypto , Celsius

Celsius Gets Approval to Sell Mined Bitcoin to Pay for Operations

Crypto lending company Celsius Network landed approval from a New York bankruptcy judge to sell Bitcoin generated from its mining operations.

New-york , United-states , Texas , Ross-kwasteniet , Shara-cornell , Martin-glenn , Celsiu-bitcoin , Us-trustee-office , Bankruptcy-court , Celsius-network , Southern-district , Texas-state-securities