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Celsius initiates recovery of large pre-bankruptcy withdrawals

Posted on 01/11/2024

Celsius initiates recovery of large pre-bankruptcy withdrawals

Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining focus approved; Ethereum unstaked for timely creditor repayments. Legal challenges persist; CEO Alex Mashinsky faces fraud charges; $4.7B FTC settlement hinges on successful bankruptcy completion. In a strategic move amidst its post-bankruptcy revival, Celsius, the crypto lending […]

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