Posted 9/15/2023, 9:45:00 AM

Celsius and Core Scientific Settle Mining Dispute for $45M Pending Court Approval

Celsius and Core Scientific reach $45M settlement to end mining dispute, pending court approval
Celsius to pay $14M cash, remainder in adjusted claims
Celsius gets Core's 85-acre Texas mining site Cedarvale
Settlement avoids litigation costs for both sides
Celsius creditors voting on Fahrenheit Holdings buyout offer, which includes mining company

coindesk.com

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9/6/2023

Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets

Crypto lender Celsius Network has filed a complaint against EquitiesFirst Holdings in an attempt to recover $439 million in cash and bitcoin owed to them, after failing to return collateral in 2021.