June 30, 2025
A New York bankruptcy judge Monday said he will have to take a closer look at British Virgin Islands law before he can determine if defunct cryptocurrency platform Celsius Network LLC can pursue in the U.S. its $2.3 billion clawback claim against stablecoin provider Tether.
June 26, 2025
The U.S. Trustee's Office opposed Prospect Medical's Chapter 11 plan disclosure on the grounds that the plan can't be confirmed because of its release provisions; hospital operator Steward Health Care's former captive insurer appealed a bankruptcy judge's decision to OK a settlement Steward struck with secured lenders; and Celsius Network asked a federal judge to let its lawsuit targeting blockchain analysis company Chainalysis Inc. continue.
June 13, 2025
Claims asserted by Alexander Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Networks, and his affiliated entities in the company's Chapter 11 case are being withdrawn and disallowed now that Mashinsky has been sentenced to prison.
May 29, 2025
Cybersecurity company Cloudflare has urged a New York bankruptcy judge to let it appeal his decision to not dismiss a $50 million adversary lawsuit brought against the business by cryptocurrency debtor Celsius Networks, saying that questions about the defendant's duty of care need to be addressed.
May 21, 2025
Citing overwhelming trial evidence, a Delaware vice chancellor on Wednesday told bankrupt Celsius Network's Ionic Digital successor to reopen a board nomination window after finding that the company wrongly eliminated one of two director seats ahead of an election in a defensive move targeting dissident candidates.
May 06, 2025
A New York bankruptcy judge on Tuesday denied a motion to dismiss negligence claims against cybersecurity company Cloudflare Inc., allowing a suit by former cryptocurrency platform Celsius Networks over a $50 million hack to survive.
April 24, 2025
Stockholders of cryptocurrency mining venture Ionic Digital Inc., formed out of the bankruptcy of Celsius Network LLC in Delaware, beat a motion Thursday to toss their suit challenging a one-seat board reduction, with a trial over the matter and other related claims slated to go forward on May 8.
April 09, 2025
A New York federal district court has granted a request from blockchain analysis company Chainalysis to preside over an adversary lawsuit brought against it by the litigation administrator for defunct cryptocurrency platform Celsius Network LLC, after the parties indicated they agreed to transfer the case out of bankruptcy court.
February 11, 2025
Stockholders of Ionic Digital Inc., a company formed to hold and operate digital mining assets of bankrupt Celsius Network LLC, have sued in Delaware's Court of Chancery for access to the company's stockholder lists in order to run a competing slate of directors.
December 20, 2024
Bankrupt cryptocurrency company Celsius Network warned of another phishing attempt, a Brooklyn condo developer's Chapter 11 case was dismissed and a Canadian power services company reached a settlement with the owner of its debt.