Celsius moves to unstake $470m in ETH for creditor repayments

CAT January 5, 2024 1 min read

Rony Roy

Bankrupt cryptocurrency lender Celsius Network revealed plans today to unstake its existing Ethereum holdings in preparation for prompt distributions to its creditors. On Jan. 5, the lending company Celsius that is currently embroiled in bankruptcy proceedings since its Chapter 11…

Go here to Read this Fast! Celsius moves to unstake $470m in ETH for creditor repayments

Originally appeared here:
Celsius moves to unstake $470m in ETH for creditor repayments

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Lightchain AI aims to become the next big contender after Dogecoin’s success

5 high-growth meme coins poised for massive breakouts in 2025

Bitcoin ETFs see strong rebound with $475.15m inflows

You may have missed

NYT Wordle today — answer and my hints for game #1287, Friday, December 27

Lightchain AI aims to become the next big contender after Dogecoin’s success

5 high-growth meme coins poised for massive breakouts in 2025

Bitcoin ETFs see strong rebound with $475.15m inflows