Celsius' Pro Se Creditors Say They Deserve Expense Awards

By Ben Zigterman · January 8, 2024, 7:41 PM EST

Two pro se creditors defended their expense reimbursement requests for items as small as deodorant and breath mints in the bankruptcy of Celsius Network Inc., while saying their participation in a...

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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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Documents

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

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