Policy

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine

Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager.

(RyersonClark/Getty Images)

Policy

Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy

Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Videos

Celsius Bankruptcy Developments; Grayscale Bitcoin Trust Discount Widens to Record High

Bloomberg reports that a judge involved in the Celsius bankruptcy case ordered the company to return $50 million worth of crypto to users of custody accounts. Plus, shares of the world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a record-high discount rate of nearly 50% relative to the price of bitcoin (BTC). CoinDesk and Grayscale are both owned by Digital Currency Group.

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Finance

Juez de la quiebra de Celsius le ordena devolver US$50 millones en cripto a clientes

Celsius había presentado una solicitud en septiembre para devolver las criptomonedas a los clientes que tenían activos en dichas cuentas.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

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Finance

Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg

Celsius filed a motion in September to return crypto to customers who held assets in such accounts.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Finance

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius

The self-custody platform acquired by Celsius over a year ago was put on the block following the lender's bankruptcy filing in July.

(Sam Reynolds/CoinDesk)

Policy

US Court Approves Deadline for Celsius Customers to File Proofs of Claim

Customers of the bankrupt crypto lender have until Jan. 3, 2023, to file proofs of claim, if Celsius’ scheduling of their claims as filed are incorrect.

Thermometer (Getty Images)

Finance

RETRACTED: Here’s How Some FTX Account Holders Can Get Their Money Back – But Time Is Running Out

This article did not meet CoinDesk’s editorial standards and the original text and video have been removed.

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Policy

Celsius is Owed $12M by Alameda Research, Newest Member of Bankrupt Crypto Club

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

(Unsplash/modified by CoinDesk)

Opinion

The Tax Impact of This Year’s Platform and Protocol Failures

The Celsius Network bankruptcy and the failure of Terra have caused many questions for taxpayers caught in the middle.

(Recha Octaviani/Unsplash, modified by CoinDesk)