Celsius Network

Judge Ordered Independent Examiner to Produce Interim Report on Celsius
Judge Ordered Independent Examiner to Produce Interim Report on Celsius
U.S. bankruptcy Judge Martin Glenn ruled that the independent examiner in crypto lender Celsius Network’s bankruptcy will need to produce an interim report detailing Celsius’...
Judge Ordered Independent Examiner to Produce Interim Report on Celsius

Celsius' Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy
Crypto lender Celsius Network’s bankruptcy case is entering a new phase where shareholders will be pitted against the firm’s beleaguered customers. This comes as court records...
Celsius' Top Execs Cashed Out $17M in Crypto Before Bankruptcy

Celsius' Crypto Customers Face New Challenge in Retrieving Deposits
Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits
CORRECTION: Since publication, the reporting and headline of Celsius executives withdrawing crypto has been corrected to $17 million based on documentation provided by CTO Nuk...
Celsius' Crypto Customers Face New Challenge in Retrieving Deposits

Celsius Co-Founder Daniel Leon Reportedly Resigns as Mashinsky Exits
Celsius Co-Founder Daniel Leon Reportedly Resigns as Mashinsky Exits
The Financial Times reports that Celsius Network co-founder and Chief Strategy Officer S. Daniel Leon resigned Tuesday. He is the latest executive to depart the company after...
Celsius Co-Founder Daniel Leon Reportedly Resigns as Mashinsky Exits

Alex Mashinsky Withdrew $10M Weeks Before Celsius Froze Customer Accounts: Report
Alex Mashinsky Withdrew $10M Weeks Before Celsius Froze Customer Accounts: Report
Alex Mashinsky, the embattled founder and former CEO of Celsius Network, removed $10 million from the now-bankrupt crypto lender weeks before Celsius halted customer withdrawa...
Alex Mashinsky Withdrew $10M Weeks Before Celsius Froze Customer Accounts: Report

Alex Mashinsky Resigns as Bankrupt Crypto Lender Celsius Network’s CEO
Alex Mashinsky Resigns as Bankrupt Crypto Lender Celsius Network’s CEO
Alex Mashinsky, the CEO of bankrupt crypto lender Celsius Network, has resigned. “The Hash” hosts discuss the past, present and future of Celsius, which was once one of the la...
Alex Mashinsky Resigns as Bankrupt Crypto Lender Celsius Network’s CEO

Celsius Asks for Court’s Permission to Sell Stablecoin Holdings
Celsius Asks for Court’s Permission to Sell Stablecoin Holdings
According to new court filings, Celsius Network has asked the court for authorization to sell its stablecoin holdings in order to generate liquidity to help fund its operation...
Celsius Asks for Court’s Permission to Sell Stablecoin Holdings

Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Cels...
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors

Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator
Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator
Crypto lender Celsius Network misled investors about its financial health using its CEL token to bolster its balance sheet and at times using new investor funds to repay old i...
Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator

Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds
Mt. Gox to Set Creditor Repayment Date in ‘Due Course’; Celsius Files to Return Custody Clients’ Funds
The distribution of funds to former customers of defunct crypto exchange Mt. Gox will begin on a repayment date to be set in “due course.” Two Georgia-based bitcoin mining fac...
Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds