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Judge gives US prosecutors until Oct. 3 for discovery in case against Alex Mashinsky
25.7.2023
U.S. District Judge John Koeltl granted a continuance for former Celsius CEO Alex Mashinsky’s trial start date, citing the “volume of discovery” and the “complexity of the case.”
U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Alex Mashinsky, Attorneys Tell Judge
25.7.2023
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius
Celsius Network reaches settlements to exit bankruptcy
22.7.2023
Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings
Celsius could repay all USD claims if Bitcoin, Ether prices rose by 2X: Simon Dixon
19.7.2023
Dixon called for creditors to fight to get out of the bankruptcy proceedings before BTC and ETH prices hit the estimated number to avoid another rug pull by the crypto lender
Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
18.7.2023
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
18.7.2023
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
18.7.2023
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
17.7.2023
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020
Celsius Moves $59M of Altcoins in Possible Prelude to Converting Into BTC, ETH
17.7.2023
The U.S. bankruptcy court granted the crypto lender permission to sell its altcoin holdings for BTC and ETH starting in July
Celsius Liquidates $25 Million In Altcoins After Court’s Approval To Move Funds
17.7.2023
Bankrupt crypto lender Celsius has liquidated nearly $25 million in different altcoins after a US court approved the firm to convert altcoins to BTC and ETH earlier this month.
Celsius Network liquidated several altcoins worth nearly $25 million, including Chainlink (LINK), BNB coin, Synthetix...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
14.7.2023
Just before the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange Commission (SEC), and Federal Trade Commission (FTC) — its former CEO, Alexander Mashinsky, was arrested on fraud charges...
Everything that's happened with Celsius and Alex Mashinsky so far
14.7.2023
A look back at the rise and fall of Celsius, starting with the firm's growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators
How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate
14.7.2023
The arrest of the crypto lender’s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector
FTX, Celsius Bankruptcy Claims Can Now Be Sold on OPNX
14.7.2023
Users who held assets on bankrupt crypto firms FTX and Celsius Network can now trade their claims on the Open Exchange (OPNX)
Celsius 'pleased' with resolutions amid $4.7B FTC fine
14.7.2023
A community member responded that they were also “pleased” to see former Celsius CEO Alex Mashinsky charged with multiple crimes
Alex Mashinsky's Bail Set at $40M, Travel Restricted
14.7.2023
The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token
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...
Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens
13.7.2023
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH
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...