Celsius Reaches Acquisition Agreement with NovaWulf
Celsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.

Celsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its high-profile bankruptcy case to a close.
Eligible Celsius users will be able to withdraw 94% of their assets from the platform after updating their KYC and other account information.
A court-appointed independent examiner said Alex Mashinsky profited over $60 million from his sales of Celsius tokens.
Genesis customers will likely be waiting for weeks before they can withdraw their funds.
Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.
Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a ...
Celsius, a crypto lending firm, froze their withdrawals on Sunday and now has hired restructuring attorneys from a law firm ...
Celsius has announced that it has paused all withdrawals on its platform from the early hours of Monday. The lending ...
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.”
"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief financial officer Rod Bolger.