Celsius Network has filed a notice of appeal against a judge's order that dismissed its claims for $444 million in damages from FTX. This appeal is part of Celsius's ongoing bankruptcy proceedings following the collapse of FTX. The court's earlier ruling rejected Celsius's claims related to 'preferential transfers,' which Celsius argues were influenced by comments made by FTX executives that contributed to its financial downfall. Celsius is seeking to challenge this dismissal as it attempts to settle its debts amid the broader fallout from the FTX collapse.
ICYMI. The New York Times Co. sued the Dfinity Foundation to recover more than $100,000 in attorney fees and costs. https://t.co/FtMscqdYtW https://t.co/8FPMxEJ0P9
Celsius vs. FTX: The $444M Appeal Shaping Crypto Bankruptcy Strategy Celsius is pushing back, appealing a ruling that killed their $444M claim against FTX. The case hinges on “preferential transfers” and allegations that FTX execs’ comments helped sink Celsius. The court shut… https://t.co/bL65N3s9RB
Celsius Fires Back: $444M Appeal Against FTX Heats Up Crypto Courtroom The Celsius-FTX drama just leveled up. Celsius is appealing a court’s decision to shut down their $444M claim over "preferential transfers." They’re saying FTX execs' shady comments sped up their crash.… https://t.co/7rT5z3syHW