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Celsius
Celsius

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Mar 14

Celsius Claims Objections FAQ

In an effort to ensure equitable voting and distributions under its forthcoming plan of reorganization, Celsius has filed, and will continue to file, claims objections (individually, an “Objection,” collectively the “Objections”) over the next several weeks. We are sharing the information below to provide customers with answers to frequently asked…

4 min read

Celsius Claims Objections FAQ
Celsius Claims Objections FAQ

4 min read


Feb 14

Custody Account Withdrawal FAQ

Withdrawals opened for certain assets in certain Custody Accounts on March 2, 2023. We will be in direct contact with Eligible Users to notify them that they can withdraw their eligible assets. Please note that Eligible Users will not be able to withdraw until their account information is up to date…

8 min read

Custody Account Withdrawal FAQ
Custody Account Withdrawal FAQ

8 min read


Nov 21, 2022

Community Update — November 15th Hearing

Dear Customer – This week, the court approved our motion to set the bar date, which is the deadline for all customers to file a proof of claim. The bar date has been set for January 3, 2023. Customers should expect to receive a notice regarding the bar date from…

2 min read

Community Update — November 15th Hearing
Community Update — November 15th Hearing

2 min read


Published in Celsius Network

·Oct 6, 2022

Claims Process FAQ

We expect to soon begin the claims process. An overview of this phase of our restructuring process is available in this video. 1. What are the Schedules of Assets and Liabilities? As part of our Chapter 11 proceedings, Celsius files documents with the Court listing, among other things, all customer account…

3 min read

Claims Process FAQ
Claims Process FAQ

3 min read


Sep 15, 2022

Community Update — September 14th Hearing

Following our productive hearing today, we wanted to share some important updates about what customers can expect in the coming weeks. Since our last hearing, Celsius has been constructively engaging with the Unsecured Creditors Committee and U.S. Trustee to make meaningful progress on our efforts to maximize value for all…

1 min read

Community Update — September 14th Hearing
Community Update — September 14th Hearing

1 min read


Sep 1, 2022

Community Update — Third Day Hearing

As we move forward through our restructuring, we participated in our third day hearing earlier today. We appreciated the opportunity to hear from many of the key stakeholders in our Chapter 11 process and engage in dialogue on several timely and important matters. We continue to focus on maximizing…

2 min read

Community Update — Third Day Hearing
Community Update — Third Day Hearing

2 min read


Aug 17, 2022

Community Update — Second Day Hearing

Today, alongside the Unsecured Creditors Committee (UCC), which is made up primarily of our customers, the U.S. Trustee, and a number of other important parties, we participated in the Second Day Hearing in our case, where we continued the dialogue around Celsius’ efforts to maximize value for our community. A…

2 min read

Community Update — Second Day Hearing
Community Update — Second Day Hearing

2 min read


Aug 16, 2022

Latest Community FAQ

1. What did Celsius announce on July 13th? Celsius initiated a financial restructuring process to provide the company with the best opportunity to stabilize the business and consummate a comprehensive restructuring transaction that maximizes value for all stakeholders. To implement the restructuring, Celsius and certain of its affiliates filed voluntary…

5 min read

Latest Community FAQ
Latest Community FAQ

5 min read


Jul 14, 2022

Important Community Update

Moments ago, we announced that Celsius voluntarily filed petitions for Chapter 11 reorganization. You will be able to find the official announcement here. Today’s filing follows the difficult but necessary decision by Celsius last month to pause withdrawals, Swap, and transfers on its platform to stabilize its business and protect…

2 min read

Important Community Update
Important Community Update

2 min read


Jun 30, 2022

Across Celsius today

Across Celsius today, we are focused and working as quickly as we can to stabilize liquidity and operations, in order to be positioned to share more information with the community. We are operating with the entire community and all clients in mind as we work through these challenging times. We…

2 min read

Across Celsius today
Across Celsius today

2 min read

Celsius

Celsius

9.1K Followers

Earn, borrow, and pay on the blockchain.

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