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Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11 

February 16, 2023 by DIGIT

Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit the Chapter 11 bankruptcy process, and the new owners could begin distributing funds as early as June, … Read more

Categories account balances, account holders, Acquisition, alternative trading system, Bankruptcy, Bitcoin, broker-dealer, celsius, Celsius bankruptcy, Celsius Novawulf, Chapter 11 ends, common equity, Convenience Class, crypto assets, Crypto lender, customer loan portfolio, Ethereum, illiquid assets, liquid crypto, litigation trust, mining, News, Novawulf, Novawulf acquisition, Novawulf Digital Management, Patrick Nash, potential settlement, Provenance Blockchain, regulatory compliant, reorganization plan, Ross Kwasteniet, SEC-registered, unsecured creditors


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  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.237357-2.05%
  • cardanoCardano(ADA)$0.79-2.24%
  • tronTRON(TRX)$0.267951-3.57%
  • bitcoinBitcoin(BTC)$109,511.00-1.62%
  • ethereumEthereum(ETH)$2,577.51-3.55%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.38-2.39%
  • binancecoinBNB(BNB)$673.55-1.69%
  • solanaSolana(SOL)$182.491.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.237357-2.05%
  • cardanoCardano(ADA)$0.79-2.24%
  • tronTRON(TRX)$0.267951-3.57%
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  • bitcoinBitcoin(BTC)$109,511.00-1.62%
  • ethereumEthereum(ETH)$2,577.51-3.55%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.38-2.39%
  • binancecoinBNB(BNB)$673.55-1.69%
  • solanaSolana(SOL)$182.491.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.237357-2.05%
  • cardanoCardano(ADA)$0.79-2.24%
  • tronTRON(TRX)$0.267951-3.57%
  • bitcoinBitcoin(BTC)$109,511.00-1.62%
  • ethereumEthereum(ETH)$2,577.51-3.55%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.38-2.39%
  • binancecoinBNB(BNB)$673.55-1.69%
  • solanaSolana(SOL)$182.491.72%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.237357-2.05%
  • cardanoCardano(ADA)$0.79-2.24%
  • tronTRON(TRX)$0.267951-3.57%