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🔴 Major Outage | 🟠Partial Outage | 🟢 Operational
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Celsius emerged from Chapter 11 bankruptcy on January 31, 2024.
The Celsius mobile and web apps were shut down on February 29, 2024.
The Plan of Reorganization details the winding down of Celsius's business operations and the process for distributing claims to creditors.
Claim distributions to eligible creditors are being made in cryptocurrency and US dollars, starting from February 1, 2024.
Ionic Digital LLC is the reorganized mining business formed following Celsius's emergence from bankruptcy, and some creditors are eligible to receive equity shares in this company.
No, Celsius is not a bank, depository institution, custodian, or fiduciary, and the assets in a Celsius account are not insured by any private or governmental insurance plan.
A: Major outages are rare, occurring only a few times a year. Minor issues can happen more frequently.
A: Most outages are resolved within a few hours. Extended outages lasting more than a day are extremely rare.
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