Celsius

Highlights: Celsius begins third distribution, distributing $220.6 million to creditors. The total creditor recovery now stands at 64.9% with a goal of 67–85%. Creditors may also receive equity in Ionic Digital, a Bitcoin mining firm. Celsius Network officially announced the […]

Highlights: Celsius is contesting a court ruling that dismissed its $444 million claim in the FTX case. Celsius claims FTX statements hurt its reputation, leading to insolvency and bankruptcy in 2022. The company has paid over $2.53 billion to creditors, […]