UCC News

The Celsius community has been in disarray since the crypto lender halted all withdrawals from the platform and filed for chapter 11 bankruptcy. It’s estimated that Celsius went under with more than $10 billion of customers’ crypto assets. Community Member…

Over a month ago, crypto lending platform Celsius halted all transactions and withdrawals across its network, citing “extreme market conditions.” The company has since filed for bankruptcy, potentially jeopardizing customer assets worth more than $12 billion. In their court pleadings,…

In the most recent Celsius-related news, the Selected Unsecured Creditors Committee (UCC), which was recently given the job of protecting the rights of unsecured creditors on the crypto platform, has finally released a statement outlining its plan of action. UCC…

The Selected Unsecured Creditor’s Committee mandated with championing the rights of Celsius unsecured creditors have chosen the White & Case LLP – Pesce & Colodny law firm to represent their pleas. This happened a day after the Celsius second hearing…