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Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
4.10.2022
Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago
Crypto Lender Celsius Co-Founder, Chief Strategy Officer Leon Resigns: Report
4.10.2022
Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
Celsius Sets Date for Auction of Assets Following Bankruptcy
4.10.2022
Bankrupt crypto lender Celsius Network has set a timeline for the auction of its assets and will have a final bid deadline of October 17.
According to a filing with the US Bankruptcy Court, an auction will be held on October 20, if necessary. Cure and sale objection deadlines are set for October...
Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto Exposure by Banks 0.14% + More News
3.10.2022
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: Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto...
Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
3.10.2022
Celsius founder Alex Mashinsky withdrew $10 million from the now-bankrupt cryptocurrency lender just weeks before the company froze customer accounts and collapsed, according to sources cited by The Financial Times....
Read More: Celsius CEO Withdrew $10 Million Before Company Entered Bankruptcy
Sam Bankman-Fried sheds light on how FTX would approach a Celsius bid
3.10.2022
The FTX founder said the company paid the “fair market price” for Voyager’s assets and would look to do the same in a deal for Celsius' assets
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
3.10.2022
The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months
Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
3.10.2022
The details of the withdrawal will reportedly be part of upcoming court filings, and it's possible the founder and former CEO of the crypto platform could be forced to pay it back
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
3.10.2022
Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July
The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation
2.10.2022
Vincent Chok is the CEO of First Digital Trust, a Hong Kong-based technology-driven financial institution powering the digital asset industry and servicing financial technology innovators including blockchain clients, payments companies, and virtual banks.__________...
Read More: The Post-Terra...
Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says
30.9.2022
The regulatory body tasked with overseeing Celsius’ bankruptcy proceedings has asked a New York judge to deny the failed crypto lender’s recent motions to reopen customer withdrawals and sell off its $23 million in stablecoin holdings, calling the actions impulsive and premature
NEXO risks 50% drop due to regulatory pressure and investor concerns
30.9.2022
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify
Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More News
30.9.2022
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: Spanish Telecom Giant Invests in Crypto Exchange, MicroStrategy Looking for a Bitcoin Lightning Software Engineer + More...
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
30.9.2022
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas...
Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment
30.9.2022
Celsius said that Equities First still owes its $439 million
Texas, Vermont regulators object to Celsius stablecoin sale plan
30.9.2022
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
29.9.2022
Texas state agencies are raising an objection to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing
Celsius CEO Machinsky Resigns Amid Ongoing Bankruptcy Proceedings
28.9.2022
Alex Mashinksy has resigned from his role as the CEO of Celsius Network amid ongoing bankruptcy proceedings at the crypto lending company.
In a press release, Mashinksy who founded Celsius stated that his continued role as CEO has become an increasing distraction for the embattled company hence...
FTX reportedly considers bailing out Celsius via asset bid
28.9.2022
Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion