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Celsius Network's Alex Mashinsky Arrested as U.S. Authorities Sue Bankrupt Crypto Lender
13.7.2023
The former CEO of bankrupt crypto lender Celsius Network Ltd., Alex Mashinsky, has been charged with fraud by the U.S. Department of Justice (DoJ) and sued by three regulatory agencies over the company's collapse.
Apart from the DoJ, Celsius and Mashinsky are also facing a barrage of lawsuits...
Breaking: Celsius Network fined $4.7B by FTC
13.7.2023
The regulator said Celsius "squandered billions in user deposits" after "duping" customers into depositing funds
Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC
13.7.2023
U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month
Today in Crypto: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions, Russia's Duma Passes Digital Ruble Bill, Stablecoins are 'Existential Threat to Policy Sovereignty'
12.7.2023
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: Celsius Sues StakeHound Over $150M in Assets, US Finance Committee Asks Crypto Industry for Opinions...
CFTC Finds Celsius Network and Its Ex-CEO Guilty of Breaking Rules
6.7.2023
Commodity Futures Trading Commission (CFTC) investigators have ruled that crypto lender Celsius Network and its former CEO Alex Mashinsky violated US rules before the company collapsed.
The findings suggest that Celsius misled investors and failed to register with the CFTC, Bloomberg reported...
Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
6.7.2023
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
6.7.2023
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court
Celsius Debtors Can Start Converting Altcoins to Bitcoin and Ether Starting Today
1.7.2023
The United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today.
The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in...
Celsius Network approved to convert altcoins into BTC or ETH
1.7.2023
The liquidations will pave the way for the distribution of the funds to creditors in the near future
Crypto Firm Wintermute Entangled in Lawsuit Against Celsius Network
25.6.2023
Creditors of the bankrupt landing firm Celsius have amended their lawsuit to include Wintermute.
Plaintiffs in the class-action lawsuit against Celsius Network have now alleged that Wintermute helped the crypto lending firm in wash trading.
The new court filing shows Wintermute Trading Ltd as...
Celsius Network's $800 Million Ether Staking Strategy Change Stretches Ethereum Validator Queue – Here's What You Need to Know
4.6.2023
Now-defunct crypto lender Celsius Network has caused a stir with changes in its ETH staking strategy, exacerbating the already elongated queue to activate new validators on the Ethereum network.
Over a period of two days, Celsius transferred ETH into staking contracts after redeeming nearly $813...
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
3.6.2023
The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted
Fahrenheit Chosen As Winning Bid in Celsius Bankruptcy
25.5.2023
Bankrupt crypto lender Celsius Network LLC has chosen Fahrenheit as its winning bid, which will provide the capital and team to operate a new company.
Fahrenheit, which consists of a group of crypto firms, was selected as the winning bid on Thursday morning, according to a press release.
The...
Today in Crypto: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner Exchange, Bitpanda Joins Hands with Coinbase
25.5.2023
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: Fahrenheit Wins Celsius Acquisition, BTC-e Co-Founder Wants to be Included in a Russia-USA Prisoner...
Core Scientific moves for September bankruptcy exit, expects $46M boost
24.5.2023
Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised
Bankrupt Crypto Firm Celsius May Receive Second Chance from Wall Street
19.5.2023
The now-bankrupt crypto lender Celsius Network may get a second chance with the help of Wall Street investment giants.
According to a Wall Street Journal article from Thursday, two groups of investment heavyweights are currently engaged in a bidding war for what remains of Celsius, close to a year...
Bankrupt Celsius Network Channels $75 Million of Ether to Figment Staking Service – What's Going On?
16.5.2023
The bankrupt crypto lender Celsius Network has staked close to $75 million worth of ETH via the staking service Figment, on-chain data has revealed.
The massive transfer from Celsius to Figment was made via fourteen separate transactions made between May 10 and 12, and totaled some 40,928 ETH...
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
15.5.2023
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July
Bankrupt Crypto Lending Firm Celsius Targeted for Acquisition by Apollo and NovaWulf
9.5.2023
Apollo Global Management is reportedly part of a bid by crypto investment firm NovaWulf to acquire the bankrupt crypto lender Celsius Network.
On April 30, Celsius named several companies interested in buying the lender, including NovaWulf, Fahrenheit LLC, and the Blockchain Investment Recovery...
‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
9.5.2023
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender