Judge Sets Damages Framework In Celsius Ch. 11 Clawbacks

By Clara Geoghegan · July 13, 2026, 7:20 PM EDT

A New York bankruptcy judge has ruled that Celsius' litigation administrator can recoup either digital assets, proceeds from their sale or their value at the time of their alleged preferential transfer...

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Case Information

Case Title

Celsius Network LLC

Case Number

1:22-bk-10964

Court

New York Southern

Nature of Suit

Date Filed

July 13, 2022


Case Title

Celsius Customer Preference Actions et al v. Valenzuela et al

Case Number

1:24-ap-04024

Court

New York Southern

Nature of Suit

Date Filed

September 06, 2024