Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Bankrupt Crypto Firm Celsius Sets Dates for Auction of Assets

Oct. 4, 2022, 3:29 AM

Bankrupt cryptocurrency lender Celsius Network Ltd. has set dates for the auction of its assets.

Celsius will have a final bid deadline of Oct. 17 at 4 p.m., with an auction if necessary on Oct. 20 at 10 a.m., according to a filing with the US Bankruptcy Court for the Southern District of New York dated Monday.

A sale hearing will be held on Nov. 1 at 11 a.m. before Chief US Bankruptcy Judge Martin Glenn via Zoom, the filing said, adding that a large number of participants is expected.

Celsius has been one of the most high-profile casualties of ...