Bankrupt crypto lender Celsius Network is planning to file a motion that would extend the deadline for users to submit their claims by another month. The crypto community has started to grow impatient, noting that Celsius’ lawyer fees have continued to stack up and are eating away at the lender’s estate. In a Dec. 29 tweet, Celsius announced that it would seek to extend the current deadline for claims from Jan. 3 to early February. The bankruptcy court is set to hear the motion on Jan. 10, and according to Celsius, the Jan. 3 deadline will be extended until at least then. Celsius is preparing to file a motion later this week requesting an extension of the bar date, which is the deadline to file a claim, from January 3, 2023, until early February. — Celsius (@CelsiusNetwork) Dec...
A federal judge has ordered crypto lender Celsius to return crypto worth around $44 million to the platform’s custody program customers. According to Bloomberg, the verbal order was delivered by United States Bankruptcy Judge Martin Glenn in a Dec. 7 hearing, with the judge noting: “I want this case to move forward. I want creditors to recover as much as they possibly can as soon as they possibly can.” The amount — which applies only to crypto held within custody accounts — is a tiny fraction of the billions Celsius owes creditors, and the latest decision comes after an agreement was reached between Celsius advisers and stakeholders that crypto deposited in the custody accounts belonged to its users and not the platform. It is important to note that this order only applies to pure custody ...
A Sharia Court in Magajin Gari, Kaduna, Kaduna State, has granted the prayer of one Aminu Abdulkareem, a business man for divorce on grounds that he no longer loved his wife, Aisha Sanusi. According to newsmen, Aminu, who resides in Mahuta, Kaduna, in his petition, said his wife also lost her memory whenever she was close to giving birth. Delivering judgment, the judge, Nuhu Falalu granted Aisha custody of their six-year-old child and ordered Aminu to pay N15, 000 monthly for the upkeep of the child. He also ordered Aisha to allow the child’s father see him without any restriction. Earlier, Aminu said: “The love is no longer there. I want to divorce her. I also want custody of our two children.” Aisha, who lives on Abeakuta Street, Kaduna, through her counsel, Elizabeth Yayok, did not obje...
The Federal Road Safety Corps (FRSC), Akwa Ibom Command, on Wednesday said that it would auction all unclaimed vehicles in its custody. In a statement issued by Mr Paul James, the command’s Public Enlightenment / Public Relations Officer said that all vehicles impounded within the last six months and unclaimed would soon be auctioned. James said the corps reserved the right to invoke relevant sections of the law to auction any impounded vehicles not claimed after six months. He said traffic offenders offered with offence sheets and their documents confiscated and vehicles impounded should claim their vehicles or be auctioned. “Consequently, traffic offenders who are issued with notice of offence sheet, either have their documents confiscated or vehicles impounded to secure payment of their...
Barely 24 hours after his arrest was made public, the Indigenous People of Biafra on Wednesday, warned that nothing must happen to its leader, Nnamdi Kanu. The organisation which said Kanu was kidnapped by the government agents promised to “expose details of his abduction later”. Spokesperson for IPOB, Emma Powerful, said these in a statement titled, ‘Nothing should happen to our leader, IPOB tells FG’. According to him, IPOB would not be intimidated into backing out of the struggle, despite Kanu’s arrest. The statement read, “We the global movement of the Indigenous People of Biafra ably led by our great leader Mazi Nnamdi Kanu, confirm the abduction of our Leader, Mazi Nnamdi Kanu by the Nigerian Government and her security operatives. We shall expose details of his abduction later. “Our...
The lead counsel to the proscribed Indigenous People of Biafra (IPOB), Ifeanyi Ejiofor, has said the arrest and arraignment of Nnamdi Kanu earlier Tuesday was without his knowledge. “We have just confirmed through a correspondence from the Federal High Court Abuja about the arrest and the extradition of my Client- Mazi Nnamdi Kanu by the Nigerian State,” Mr Ejiofor said in a statement on Tuesday evening. “He was brought before the Federal High Court No 2 Abuja today on an Eleven count charge, though without our knowledge,” the attorney added. He said regardless of the offences or charge against his client, he is still presumed innocent of the allegation under the law. Mr Kanu, who is being prosecuted on charges of treasonable felony, was re-arrested and returned to Nigeria on Sunday, the A...
A 16-year-old girl, Abimbola Suluka, has been arrested alongside her boyfriend, Oluwaseun Olajide, by the Ekiti State Police command for allegedly kidnapping herself to raise money to pursue her career in acting as against study of medicine demanded by her mother. The Police Public Relations Officer (PPRO), ASP Sunday Abutu in a statement on Saturday said the duo were arrested on Thursday in a hotel in Ado-Ekiti, the state capital where they lodged and demanded N500,000 ransom. Abimbola is alleged to have conspired with her 25-year-old boyfriend and two of his friends to stage the abduction so as to raise money and relocate from the state following her mother’s insistence for her to study medicine. Abutu explained that Abimbola’s sister had gone to the police station to report that her sis...
A pastor of one of the new generation churches in Agbor, Ika South Local Government Area of Delta State has been arrested by the police over the alleged murder of a 13-year member of his church, one Miracle. The deceased was said to have killed in suspicious circumstances, as heart was ripped open and vital organs missing when her corpse was discovered. Her corpse was dumped close to the Central Hospital, Agbor where operatives evacuated it from. Acting Public Relations Officer of the state police command, DSP Bright Edafe confirmed the arrest in Asaba on Friday. Edafe said two suspects including the pastor and another male member of his church were in lawful custody already. “We have arrested the pastor of the church and one other suspect who is a member of the church,” he stated. Trouble...
Troops of Sector 2 Operation HADIN KAI on Saturday raided suspected Boko Haram Terrorists logistics base in Gujba, Yobe State and arrested two fuel suppliers. The director, Army public relations, Brig Gen Mohammed Yerima, said the troops following a sting operation nabbed two suspected Boko Haram logistics suppliers and recovered 11 jerricans loaded with Premium Motor Spirit (PMS) popularly called petrol, six jerricans of Automotive Gas Oil and nine empty jerricans hidden in different locations in Gujba. He said the suspects are currently in custody for preliminary investigations and would be handed over for prosecution by relevant agencies. The Chief of Army Staff, Major General Faruk Yahaya, while appreciating the troops, enjoined them to sustain the tempo and clear all suspected fortres...
The Lagos State Police Command on Friday, rescued another one-month-old female child that was abandoned at the junction of a popular petrol station, by Orile Bus Stop, Lagos. Time was about 8am when the baby was sighted by some passers-by who alerted the Police operatives attached to Orile Division of the Command before she was rescued and handed over to the Gender Unit of the Lagos State Police Command, Ikeja. The baby was taken to the office of the Commissioner of Police, Lagos State, CP Hakeem Odumosu by the Officer in charge of the Gender Unit where CP Hakeem Odumosu directed that the baby be accorded proper medical attention and taken to a government accredited shelter (facility) for custody and proper care. The Commissioner of Police, Lagos State, CP Hakeem Odumosu, reassured members...