Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange’s venture backers.
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Celsius bankruptcy judge authorizes the sale of $7.4M worth of Bitmain coupons
The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors.
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NovaWulf Digital Management To Buy Celsius’ Lending Operations
Bankrupt cryptocurrency firm Celsius has found a buyer after reaching a deal with investment firm NovaWulf Digital Management. What: Crypto lending company Celsius Network has
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Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to
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Celsius chooses NovaWulf’s bid to exit from bankruptcy
A proposal by Celsius sees most creditors receive a one-time payment of crypto while those with a larger claim would receive equity in a new
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Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”
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