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Celsius Seeks Appeal of Order Disallowing Its $444 Million Claim Against FTX

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In a recent development in the ongoing bankruptcy case of collapsed crypto lending platform Celsius, the firm has filed a notice of appeal against Judge John T. Dorsey’s order that disallowed its claims for damages from FTX.

Background on the Claims

Celsius had initially claimed $2 billion in damages over alleged "disparaging statements" made by FTX officers against Celsius that accelerated its fall. However, it later revised this claim to focus on "preferential transfers" that