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Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
5.1.2023
New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in
First Mover Americas: A Win for Celsius in Court
5.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
5.1.2023
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
4.1.2023
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting costs, as the crypto lender has been unable to make...
Judge rules Celsius owns funds in Earn accounts, paving the way for stablecoin sale
4.1.2023
Judge Martin Glenn found the terms of use for the Earn program “unambiguous,” and besides that, treating account holders as unsecured creditors was more equitable
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
4.1.2023
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700
Core Scientific to Shut Down Celsius Crypto Mining Equipment
4.1.2023
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is losing it $2 million per month
SBF to enter plea deal, Mango’s exploiter arrested, and Celsius news: Hodler’s Digest, Dec. 25-31
31.12.2022
10 crypto tweets that aged like milk: 2022 edition
30.12.2022
Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter
Investors seek to sell FTX, Celsius, BlockFi, Voyager claims
30.12.2022
Hedge funds and debt investors have already purchased some of the claims
Today in Crypto: MicroStrategy Exploring Bitcoin Lightning Network-powered Solutions, China to Launch a State-backed NFT Marketplace, Fiji Elects Pro-BTC Prime Minister
29.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: MicroStrategy Exploring Bitcoin Lightning Network-powered Solutions, China to Launch a State-backed...
Celsius wants to extend the deadline for claims as lawyer fees mount
29.12.2022
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate
Celsius wants to extend the deadline for claims as lawyer fees mount
29.12.2022
Administrative expenses from the bankruptcy proceedings have already topped $53 million, and continued delays are chipping away at Celsius’ estate
Bitcoin bears well positioned for Friday's $2.5 billion options expiry
28.12.2022
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered
Bitcoin bears well positioned for Friday's $2.5 billion options expiry
28.12.2022
BTC bears are outnumbered based on open interest volume, but bulls' hopes of $20,000 before 2023 have already been hampered
7 biggest crypto collapses of 2022 the industry would like to forget
26.12.2022
A look at some of the biggest disappointments in the crypto space form this year as the industry readies itself for better things to come
Crypto can get weird: The 5 strangest stories of the industry in 2022
24.12.2022
Filmmakers are interested in documenting one of this year’s weirdest stories in crypto, but what else made the list?
Crypto Biz: Contagion engulfs Bitcoin miners as bear market continues
23.12.2022
With the BTC price plunging more than 76% peak-to-trough, miners are struggling to keep their operations running
Celsius amasses 30 potential bidders for its assets, withdrawal motion approved
21.12.2022
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds