Home -
Broker -
Main body -

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

The Insolvent Cryptocurrency Lending Company Celsius May Use Bitcoin And Ethereum Holdings To Repay

TOPONE Markets | 2023-12-08 12:25

Abstract:Celsius, a crypto lending company that declared bankruptcy in 2020, may be able to settle its financial obligations through the sale of its increasing BTC and ETH holdings; however, this has caused discontent among some customers.

23wreffd.jpg
image.png

CryptoPotato reports that the insolvent cryptocurrency lending company Celsius might be able to settle its cash-based obligations in the near future by selling its recently profitable Bitcoin (BTC) and Ethereum (ETH) holdings exclusively. As a consequence, the bankruptcy may retain a greater quantity of assets, while its counterparties are repaid at a significantly more arduous period to reenter the cryptocurrency market. Creditors of Celsius have voiced apprehensions regarding the company's ability to “rug off all creditors” if BTC and ETH both reach $54,879 per coin. For each coin, these estimates were derived using a 50/50 liquidation basis.

The firm ceased user withdrawals in June of last year due to the collapse of cryptocurrency market prices, which prompted Celsius to declare bankruptcy. Subsequent analysis of the organization's balance sheet unveiled a debt of $1.2 billion. The court approved the company's insolvency restructuring plan last month. This plan entailed a transition for the company into a Bitcoin mining and staking entity, which would be owned by NewCo creditors. It also entails the distribution of BTC and ETH valued at $2 billion to its consumers.

The bankruptcy could retain all other assets while repaying all USD claims if BTC and ETH continue to appreciate, according to a July thread by Simon Dixon, CEO of BankToTheFuture and a significant Celsius investor. Customers expressed a range of emotions regarding this outcome during their Tuesday discussion. Others, who had waited 18 months without obtaining their owed cryptocurrency payouts, were amenable to any immediate resolution that could help.

img_v2_ff2b99dc-3016-43b7-b9d9-35658d24d40g.png
Broker

Related broker

Not Regulated
TOPONE Markets
Company name:TOP 1 MARKETS PTY LTD
Score
1.61
Website:http://www.top1markets.com
5-10 years | Questionable Regulatory License | MT5 Full License | High Potential Risk
Score
1.61

Read more

Errante Review 2026: Users Claim a Poor Trading Experience. What Does Our Investigation Reveal?

Errante, a Seychelles-based brokerage entity, is facing serious trading allegations from users globally. Users claim to have earned profits legitimately using their strategies. However, on the Errante login dashboard, many users reported an automatic deduction of earned profits. At the same time, withdrawal issues allegedly haunt many traders here. While investigating, we also found complaints concerning trade order manipulations by the broker. In this Errante review, we have examined these allegations and given an overview of its regulatory status.

Original 2026-08-06 22:20

Forex Liquidity Provider in 2026: How to Choose One Your Brokerage Can Actually Operate

A forex liquidity provider decision now shapes the broker's spreads, fills, slippage, hedging cost, regulatory exposure, and exit options long after the platform is chosen. This 2026 guide explains what a forex LP actually delivers versus what the marketing claim says, how tier-1 banks, prime of prime, and multi-LP aggregators differ in practice, and how execution models (DMA, ECN, STP) change the broker's daily operating reality. It also walks through due diligence on credit, technology, reporting, governance, and exit, and shows how a 2026 broker can combine a primary LP with secondary routing without losing control of the client experience. Use the decision matrix, integration timeline, and operational tests to compare an fx liquidity provider before contract signature, not after a market event.

Original 2026-08-06 19:44

LMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?

Did LMAX Group deny you withdrawals citing frozen funds at the wallet service provider’s end? Have you been so exhausted by the endless withdrawal hassles that you have begun to stop investing in the platform? Has this UK-based liquidity provider even questioned your fund ownership status when you requested withdrawals? You are not alone! Many users have complained about these issues while sharing their LMAX Group reviews.

Original 2026-08-05 20:34

TickTrader White Label in 2026: Can You Add Liquidity Depth Without Adding Operational Blind Spots?

A TickTrader white label can look like the fastest route to a modern branded trading environment, but a fast launch is not the same as a controlled launch. This 2026 broker guide explains what the TickTrader platform is, where a Soft-FX broker solution can sit in a wider operating stack, and how to evaluate the difference between a white label, a server licence, and a connected CRM or Client Office setup. It also unpacks TickTrader cost beyond the monthly headline, including implementation, integration, support, data, governance, migration, and exit assumptions. Use the practical questions, workflow tests, comparison table, and launch checklist to assess a Soft-FX TickTrader provider without mistaking a feature demo for evidence that your brokerage can run the service safely at scale.

Original 2026-08-04 20:28

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
SBCFX
AVATRADE
FOREX.com
D prime

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated
FXTM

FXTM

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
DBG MARKETS

DBG MARKETS

Regulated
AVATRADE

AVATRADE

Regulated
GTCFX

GTCFX

Regulated

Latest News

Apple Faces Lawsuit Over Fake Crypto App Exposing $1.8 Million Theft

WikiFX
2026-08-05 12:00

Trump Memecoin Faces SEC Scrutiny After Nearly One Million Investors Suffer Heavy Losses

WikiFX
2026-08-05 11:42

"They Want to See Your Face": Inside ATFX Cambodia's Rise

WikiFX
2026-08-05 10:30

Spread Cheating: The Invisible Trading Cost That Could Be Working Against You

WikiFX
2026-08-05 11:25

Levels Review: No Regulation and Mounting Withdrawal Complaints – What Traders Need to Know

WikiFX
2026-08-05 12:00

LQH MARKETS Review: Multiple Traders Report Withdrawals Blocked and Accounts Terminated

WikiFX
2026-08-05 11:00

Born2trade Adds Copy Trading to 1:5000 Leverage Platform

WikiFX
2026-08-05 15:00

PILOTFX Review: What Traders Should Know Before Depositing

WikiFX
2026-08-05 16:00

LMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?

WikiFX
2026-08-05 20:34

Trade24Seven Review: What Traders Should Know Before Depositing

WikiFX
2026-08-06 19:00

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Apex Global Markets

Apex Global Markets

APEX-WAVE INVESTMENT

APEX-WAVE INVESTMENT

Western Ai Traders

Western Ai Traders

Aegion Mountain Cap

Aegion Mountain Cap

Act Capital

Act Capital

Senvix

Senvix

featureautoprime

featureautoprime

Quantum AI Investment Program

Quantum AI Investment Program

NexaTrust Capital

NexaTrust Capital

Simart Pro

Simart Pro