Crypto
Alex Mashinsky Arrested as Several Agencies Sue Celsius and the Ex CEO
Alex Mashinsky got arrested on Thursday after the SEC charged the entrepreneur and his former crypto lending firm Celsius Network.
Total Stories
29
News
Celsius Network
Section
Celsius Network
Crypto
Celsius Sale Proposal Could Return Creditors Up to 85% of their Holdings
Celsius creditors will receive ballots to cast their votes on the proposal between August 24 and September 22.
Market Analysis
Wall Street Giants Battling to Restart Celsius With Fresh Investments
A bidding battle between Apollo Global Management and Fortress Investment Group over Celsius may soon come to an end and help creditors recover more of their…
Crypto
Bhutan’s Sovereign Fund Defaulted on BlockFi Debt, According to Report
DHI claims it has "settled" the $30m loan from BlockFi, though it remains unclear whether the loan was paid back in full.
Crypto
Celsius Creditors May Get 70% of their Funds Back, Per New Sales Plan
Smaller Celsius creditors may get 70% of their crypto funds back, whereas large creditors could become shareholders.
Crypto
Celsius Network Was Selling its Customers’ Crypto to Prop Up CEL Token: Report
An examiner’s probe into Celsius has revealed that the platform purchased as much as $558 million worth of CEL tokens using customer funds.
Crypto
Celsius Will Let Some Users Withdraw Up to 94% of their Assets
Some users of the embattled crypto lender Celsius Network will be able to withdraw 94% of their assets.
Latest
Celsius Wins Ownership of $4.2B Worth of Customers’ Funds
Judge Martin Glenn stated that Celsius’ terms of service were “unambiguous” when it comes to asset ownership.
Policy
Celsius Seeks to Sell $18M of Earn Stablecoins in Bankruptcy Proceedings
Celsius Network asked the court to sell $18 million of stablecoins to fund its reorganization plan, the crypto lender said on Twitter.
Market Analysis
Galaxy Digital to Buy Self-Custody Platform from Bankrupt Celsius
Mike Novogratz's Galaxy Digital reported won the auction to buy one of Celsius Network's assets.
Market Analysis
Court Accepts Celsius December Auction Date, Rejects Shareholder Committee
The auction will likely take place in December 2022 with a Consumer Privacy Ombudsman guaranteeing the security of customers’ data. WestCap and CDPQ will not have…
Latest
Report: Just Weeks Before Bankruptcy, Celsius Founder Withdrew $10 Million
Alex Mashinsky pulled out $10 million from Celsius just weeks prior to the company's decision to freeze customer funds.
Market Analysis
FTX Eying Celsius Immediately After Winning the Voyager Bid
Sam Bankman-Fried is allegedly eying Celsius just hours after it was announced that FTX won the Voyager bid.