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Nalezeno "Crypto Lender": 350

Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says

13.7.2023
That includes customer recoveries, the bankruptcy crypto lender said Thursday

FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits

13.7.2023
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Nevertheless, the penalty will be deferred to enable...

SEC Sues Bankrupt Crypto Lender Celsius, Alleges Misrepresentation of Customer Count and Risky Practices

13.7.2023
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company stand accused of falsely promising investors a safe...

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...

Regulatory Investigation Targets South Korean Crypto Lender Delio

3.7.2023
South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust. According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's...

Singapore Court Set to Decide Fate of Crypto Lender Hodlnaut in August Hearing

22.6.2023
A court in Singapore is poised to make a crucial decision about the future of crypto lender Hodlnaut during an upcoming hearing scheduled for August 7, a recent filing has revealed. The decision stakeholders now are waiting for the court to make is on whether Hodlnaut will be dissolved, or if...

Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending

22.6.2023
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates

Crypto lender Delio to resume withdrawals after counterparty contagion

19.6.2023
"We will come up with a plan to recover the loss," said company officials

Crypto lender Abra has been insolvent since March, says Texas regulator

16.6.2023
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order

Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH

16.6.2023
Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...

Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say

15.6.2023
Crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday

Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal

15.6.2023
The new filing is set to face legal opposition from borrowers

S Korean Crypto Lender Delio Suspends Withdrawals – What Do We Know?

15.6.2023
The South Korean crypto lending platform Delio says it is “temporarily” suspending deposits and withdrawals, as financial regulators say they are “investigating” the situation. The platform is a crypto lending service and wallet, which holds an official virtual asset service provider (VASP)...

Crypto Lender Genesis Amends Reorganization Plan as Mediated Talks Continue

13.6.2023
The updated plan from mediated discussions with parent company DCG reflects “substantial agreement” on several key issues

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

US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s

29.5.2023
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from the bankrupt company by the Fahrenheit coalition...

Winklevoss Twins’ Exchange Gemini and Crypto Lender Genesis Ask US Court To Dismiss SEC Lawsuit

29.5.2023
Cryptocurrency exchange Gemini and bankruptcy crypto lending platform Genesis are firing back after being sued by the US Securities and Exchange Commission earlier this year. Genesis and Gemini are asking the United States District Court for the Southern District of New York to dismiss the case...