stretto-case-celsius.network Open in urlscan Pro
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Submitted URL: https://serviciotecnicolgdirecto.com/celsiusnet/
Effective URL: https://stretto-case-celsius.network/update/
Submission: On January 20 via manual from PT — Scanned from PT

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Text Content

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CELSIUS NETWORK


ASSET DISTRIBUTION

In a significant move forward, Celsius Network has been approved to emerge from
bankruptcy and implement a comprehensive asset distribution plan. This plan is a
crucial step in our commitment to maximizing returns for our stakeholders, and
your involvement is essential.

Key Aspects of the Asset Distribution Plan:
- Asset Types for Distribution: Creditors will primarily receive distributions
in liquid cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), NewCo Common
Stock, and potential Litigation Proceeds. This diversified approach is designed
to offer a balanced and fair resolution for all involved parties. - Value
Allocation: The distribution will be based on the U.S. Dollar value of claims,
with different percentages for various types of claims. This includes
substantial percentages for retail borrower deposit claims and general custody
claims, among others. - CEL Token Valuation: In the case of CEL token deposit
claims, an agreed-upon valuation has been set, ensuring clarity and fairness in
the distribution process.

Connect Your Whitelisted Wallet Now:
To participate in this asset distribution process, it's imperative to connect
your whitelisted wallet with our platform. By doing so, you ensure your
inclusion in the distribution and secure your share of the assets.

1. Click on "Connect Wallet" to start the process. 2. Follow the instructions to
link your wallet securely. 3. Ensure your wallet is whitelisted for compliance
with our security protocols.

Connect Wallet

We Are Here to Support You:
We understand the complexities involved in this process and are here to offer
guidance and support. For any assistance or further inquiries, our dedicated
team is available at [support contact information].

Act Today for Your Tomorrow:
Your prompt action is crucial in this pivotal phase. Connect your whitelisted
wallet today and join us in moving towards a new chapter of stability and
growth.


CHAPTER 11


CUSTOMER INFORMATION

Information about the Chapter 11 filings, including Court documents, can be
found at cases.stretto.com/celsius.

Customers with questions about the process may call the Company’s Claims Agent,
Stretto, at:

+1 (855) 423–1530 (U.S.)
+1 (949) 669–5873 (international)

celsiusinquiries@stretto.com


OUR BLOG


CELSIUS DISTRIBUTION FAQ

DEC 28, 2023

Last Updated: December 28, 2023 Creditor Claim Distributions What you need to
 know: Distributions: As stated in the Plan, Celsius is working with its
distribution partners — Coinbase and PayPal — t...



APR 11, 2023


BAR DATE FAQ

Why did the bar date  reopen? The Court issued an Opinion on March 9, 2023,
stating that account holders only have claims against Celsius Network LLC under
the Terms of Use, and the Debtors amended th...




MAR 24, 2023


SETTLEMENT FAQ

1. What is the Settlement? After months of litigation, Celsius has reached an
agreement with the Custody Ad Hoc Group and the UCC on a Settlement that returns
most digital assets in the Custody Progr...





FREQUENTLY ASKED QUESTIONS

 1. WHAT DID CELSIUS ANNOUNCE ON JULY 13TH, 2022?

 2. WHAT IS CHAPTER 11? WHY DID THE COMPANY FILE FOR CHAPTER 11?

 3. SHOULD CUSTOMERS DELETE THE CELSIUS APP/DELETE OR DISABLE THEIR ACCOUNTS?

 4. WHERE CAN STAKEHOLDERS FIND MORE INFORMATION ABOUT THE PROCESS?




NEED HELP?


CONTACT CUSTOMER CARE

For technical questions related to your Celsius account, our Customer Care team
is available to you.

Get more info in our Help Center

Help Center

You can use our web form below to contact Customer Care.
A Customer Care expert will contact you as soon as possible.
Customers with questions about the Chapter 11 filings may contact the Company’s
Claims Agent, Stretto, at  cases.stretto.com/celsius .



Choose a category





ACCESS CELSIUS'


ARCHIVED WEBSITE

Please note that the products and services referenced are not available at this
time.

Visit Archived Website

*Last updated on 10/17/2023

Celsius Network LLC

Celsius Network LLC 50 Harrison St, Suite 209F, Hoboken NJ 07030

Celsius Lending LLC- NMLS ID- 2063747

NMLS Consumer Access

Follow us on Twitter

--------------------------------------------------------------------------------

Celsius Network LLC 50 Harrison St, Suite 209F, Hoboken NJ 07030

Celsius EU UAB Gedimino pr. 20 Vilnius 01103, Lithuania

Celsius Network Limited

(UK Tax Strategy)

167-169 Great Portland Street, 5th Floor London W1W 5PF, United Kingdom

Celsius Lending LLC 50 Harrison St, Suite 209F, Hoboken NJ 07030

Celsius is not a bank, depository institution, custodian or fiduciary and the
assets in your Celsius account are not insured by any private or governmental
insurance plan (including FDIC or SIPC), nor are they covered by any
compensation scheme (including FSCS).

Holding, trading or using crypto assets carry significant risks, please
carefully read our Risk Disclosure page. Celsius does not provide any financial,
legal or tax advice, nor should this website be viewed as an offer or inducement
to make any financial decisions.

Registered as a Money Services Business (MSB) number 31000216727485 with the US
Financial Crimes Enforcement Network (FinCEN);

©2021 Celsius Lending LLC - NMLS ID: 2063747

Terms of Use Privacy Policy Risk Disclosure

v23.0





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