Celsius Update: The lender, creditors spat over wallet and asset custody

Official Committe of Unsecured Creditors

2022-11-10 01:52

According to recent reports, Celsius network recently applied to a New York bankruptcy judge to keep custody of their customers’ accounts. Celsius network claims to have full custody over all wallets and the funds therein. However, the account holders maintain…

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Celsius Network (CEL) на Currencies.ru

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custody celsius network customers full accounts all

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Источник: btcmanager.com

custody celsius → Результатов: 18

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

Ex-CEO Alex Mashinsky, ex-CSO Daniel Leon and CTO Nuke Goldstein pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.

2022-10-7 09:49	Business
holdings cel bitcoin ether usdc custody may

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Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says

The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature.

2022-10-1 21:43	policy
crypto reopen withdrawals celsius lender sell off

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Celsius’s CEO plotting a pivot to custody services- Details inside

Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an iThe post Celsius’s CEO plotting a pivot to custody services- Details inside appeared first on AMBCrypto.

2022-9-14 23:00	News
custody pivot ceo celsius services inside details

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Celsius CEO plans to restructure firm to focus on crypto custody: Report

Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July.

2022-9-14 00:15	Cryptocurrencies
celsius possible discussed meeting sept scenarios july

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Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report

Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report.

2022-9-14 19:57	Business
lending report celsius custody business ceo crypto

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CEL Price Surged 50% After Celsius Reopens Withdrawals Of $50M

Celsius announced that users could cumulatively withdraw up to $50 million from all the locked accounts. These funds are for users who own Celsius Custody Program and Withhold Accounts. This latest decision to reopen withdrawals has spiked the price of CEL by 50%.

2022-9-3 14:46	Cryptocurrency
celsius accounts cel users withdrawals price own

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Celsius files to reopen withdrawals for a minority of customers

Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners.

2022-9-2 05:52
million celsius released owners custody program held

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Celsius Wants to Unfreeze $225M in Customer Funds

Bankrupt crypto lending company Celsius is seeking to return customer funds held in its Custody Program and Withhold Accounts, arguing that they do not technically belong to the company itself....

2022-9-2 01:49	Celsius
customer funds company celsius withhold accounts arguing

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Celsius wants to return $210 million worth of custody assets

Crypto lender Celsius Network, which started Chapter 11 bankruptcy proceedings in July, wants to return customer assets in the custody program and withhold accounts worth around $210 million, the firm said in a September 1 filing.

2022-9-2 20:13	lending
custody assets celsius worth wants million return

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Crypto Lender Celsius Files to Return Custody Clients' Funds

Crypto lender Celsius has filed to return custody holders' funds to them, saying these funds are not part of the bankruptcy estate.

2022-9-1 16:38	policy
funds return crypto custody celsius lender part

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Tens of Celsius clients ask US court to recover $22.5M in crypto

Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued.

2022-9-1 14:18	Law
celsius plain language custody firm contradicts use

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Celsius Drags Custody Provider To Court Over $17 Million In Crypto

Celsius has been one of the most prominent crypto companies to crash in the recent bear market. The crypto lender had been caught in the crossfire of the LUNA crash and was eventually unable to pay users their deposited funds after making some bad bets.

2022-8-25 20:00
crypto crash celsius bets bad eventually crossfire

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Celsius Sues Custody Provider Prime Trust, Wants $17M in Assets Returned

Celsius is suing custody provider Prime Trust for failing to hand over $17 million in various crypto assets including BTC, CEL, ETH, and USDC. The post Celsius Sues Custody Provider Prime Trust, Wants $17M in Assets Returned appeared first on BeInCrypto.

2022-8-24 11:30
trust assets prime provider celsius custody returned

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Celsius facing legal action by aggrieved custody customers over $180M deposit

Celsius is facing legal action from a group of custody clients seeking a refund of their collective $180 million deposit. The post Celsius facing legal action by aggrieved custody customers over $180M deposit appeared first on CryptoSlate.

2022-8-3 10:45	legal
custody deposit celsius action facing legal 180m

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Celsius Network Custody Clients Tap Lawyer to Reclaim $180M

Custody account holders, who represent 4% of the assets locked up at the bankrupt crypto lender, hired Kyle J. Ortiz of Togut, Segal & Segal.

2022-8-2 00:15	Business
segal custody crypto bankrupt lender hired network

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DeFi-проект Chainge Finance предложил выкупить часть активов Celsius Network

Платформа Chainge Finance предложила сервису кредитования Celsius Network варианты минимизации ущерба, который «может грозить Web3-сектору и индустрии в целом». We strongly believe there is no better way of moving forward than working together towards decentralizationThis does not represent a "quick fix" but rather a long-term sustainable system replacement that secures asset custody and eliminates risks for all crypto users- ChaingeFinance (@FinanceChainge) June 20, 2022 «Мы твердо верим, что нет лучшего способа двигаться вперед, чем совместная работа над децентрализацией.

2022-6-22 14:38
celsius network finance chainge risks custody eliminates

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Celsius Update: The lender, creditors spat over wallet and asset custody

2022-11-10 01:52

Celsius Network (CEL) на Currencies.ru

custody celsius → Результатов: 18

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

2022-10-7 09:49

Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says

2022-10-1 21:43

Celsius’s CEO plotting a pivot to custody services- Details inside

2022-9-14 23:00

Celsius CEO plans to restructure firm to focus on crypto custody: Report

2022-9-14 00:15

Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report

2022-9-14 19:57

CEL Price Surged 50% After Celsius Reopens Withdrawals Of $50M

2022-9-3 14:46

Celsius files to reopen withdrawals for a minority of customers

2022-9-2 05:52

Celsius Wants to Unfreeze $225M in Customer Funds

2022-9-2 01:49

Celsius wants to return $210 million worth of custody assets

2022-9-2 20:13

Crypto Lender Celsius Files to Return Custody Clients' Funds

2022-9-1 16:38

Tens of Celsius clients ask US court to recover $22.5M in crypto

2022-9-1 14:18

Celsius Drags Custody Provider To Court Over $17 Million In Crypto

2022-8-25 20:00

Celsius Sues Custody Provider Prime Trust, Wants $17M in Assets Returned

2022-8-24 11:30

Celsius facing legal action by aggrieved custody customers over $180M deposit

2022-8-3 10:45

Celsius Network Custody Clients Tap Lawyer to Reclaim $180M

2022-8-2 00:15

DeFi-проект Chainge Finance предложил выкупить часть активов Celsius Network

2022-6-22 14:38

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