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New Judge Mulls Celsius Customer Clawback Timeline

By Clara Geoghegan · August 12, 2026, 6:54 PM EDT

A New York bankruptcy judge Wednesday seemed inclined to hear key questions regarding a slate of clawbacks against former customers of defunct cryptocurrency platform Celsius, even as a subset of the...

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Bankruptcy Scorecard

Summary

Cryptocurrency lending platform Celsius Network LLC filed for Chapter 11 bankruptcy in July, 2022 amid a marketwide downturn known as "crypto winter." In November, it received approval a bankruptcy plan allowing customers to receive crypto asset distributions.

Case Number

1:22-bk-10964

Judge

Martin Glenn

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$5.5 billion

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Related Sections

Case Information

Case Title

Celsius Network LLC

Case Number

1:22-bk-10964

Court

New York Southern

Nature of Suit

Date Filed

July 13, 2022

Case Title

Celsius Customer Preference Actions et al v. Valenzuela et al

Case Number

1:24-ap-04024

Court

New York Southern

Nature of Suit

Date Filed

September 06, 2024

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