Bankrupt Crypto Lender Celsius Seeks Extension on Bid Dates: What's Happening?

The saga surrounding bankrupt crypto lender Celsius continues. Recent reports indicate that Celsius is seeking an extension on its bid dates as it evaluates submissions for its platform and mining business. 15 de dic. de 2025 Celsius is going through the submissions, prompting this request.

This development comes after Celsius Network commenced voluntary Chapter 11 bankruptcy proceedings approximately four months ago, around 12 de nov. de 2025. The restructuring process has been complex, and the deadline extension is likely sought to ensure due diligence in assessing potential bids.

Furthermore, Bankrupt crypto lender Celsius will file a petition requesting an extension of the deadline for users to submit their claims in the ongoing bankruptcy proceedings by another month. This isn't the first request of this kind; Celsius Network said it is preparing to file a motion requesting a deadline extension for users to submit their claims, as stated on 29 de dic. de 2025. This extension, if granted, aims to provide users with additional time to participate in the claims process.

The committee representing the interests of unsecured creditors is also pushing for more time. 16 de dic. de 2025 The committee representing the interests of unsecured creditors in the bankruptcy case of the defunct crypto lender, Celsius, wanted to extend the bid dates to allow for a more thorough review. This suggests concerns about the pace or transparency of the current process.

Stay tuned for further updates as the bankruptcy proceedings unfold and the court considers Celsius's request for bid date extensions. The outcome will have significant implications for creditors and the future of the Celsius platform.