Insolvency case
In re Celsius Network LLC
- Authority
- US Bankruptcy Court for the Southern District of New York
- Case number
- Not published
- Filed or opened
- 13 July 2022
- Organization
- Celsius Network LLC
- Current stage
- Plan effective. Company emerged on 31 January 2024S7.
- Outcome
- Emerged from Chapter 11 with distributions to account holdersS7.
Decisions and steps
- Celsius emerges from Chapter 11S7
Claims this case bears on
- Supported74Celsius said it emerged from Chapter 11 bankruptcy on 31 January 2024 after freezing customer withdrawals in 2022.Company statement, 27 March 20242 records citedCorporate status
Sources
- S7Tier B Celsius Distribution FAQCelsius Network. Company statement. 27 March 2024.Company statement giving the Chapter 11 exit date of 31 January 2024. It does not state a final total recovery for creditors.