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Celsius set to hold vote on bankruptcy plan

The current offer would mean selling the company to Farenheit Consortium, and customers getting between 67-85% of their money back.

Celsius Faces ‘Looming Liquidity Cliff in June’, Says Creditors Committee

Individuals involved in Celsius’ bankruptcy case objected to a motion made by the defunct crypto lender that would extend a key deadline for the second time.

Celsius is Owed $12M by Alameda Research, Joins Bankrupt Crypto Club

The bankrupt crypto lender’s new CEO told the judge Celsius Mining has approximately 40,000 mining rigs.

Ex-Celsius CEO’s wife cashed out $2 million in crypto before bankruptcy

Kristine Mashinsky, the wife of ex-Celsius CEO, appears to have withdrawn over $2 million in the CEL token on May 31.

3 Celsius executives withdrew over $50m in crypto just before bankruptcy

Celsius’s top three executives of the crypto lending business withdrew a total of $56.12 million worth of cryptocurrency between May and June 2022.

Celsius Spent $40 Million in Cash on Mining Operations Two Weeks Before Bankruptcy

Celsius CEO personally directed crypto trades months before bankruptcy: Report

One person familiar with events at Celsius reportedly said CEO Alex Mashinsky was “slugging around huge chunks of Bitcoin” and ordering trades based on bad information.

Ex-employees of Celsius revealed: the reasons for the bankruptcy of 11.8 billion crypto giants

The latest turmoil has been fueled by a series of internal missteps at the company, according to former employees and internal documents reviewed by CNBC.

Celsius bankruptcy filings show a company in deep trouble

The bankrupt CeFi crypto lender is about $1.2 billion in deficit, with the majority of its liabilities being customer deposits some believe they may not be required to give back.

BREAKING: Celsius reportedly filing for bankruptcy 'imminently'

An unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."