A bankruptcy judge has dashed the dreams of investors hoping to retrieve their crypto funds from Celsius. It turns out, assets placed in the now-defunct crypto exchange’s high interest “Earn Accounts” ...
NEW YORK, Aug 14 (Reuters) - Crypto lender Celsius Network on Monday received a U.S. bankruptcy judge's permission to seek creditor approval for its bankruptcy plan, advancing a proposal to exit ...
In a closed-door meeting, Celsius’ CEO reportedly called this new crypto banking project ‘Kelvin’ that promised to turn the platform into a crypto custody firm. Reading time: Reading time 3 minutes ...
The potential successor to the defunct cryptocurrency lender, Celsius (CRYPTO: CEL) revealed its intentions to restart the business without any funded debt and with an initial funding of up to $450 ...
Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal ...
Alex Mashinsky, the former CEO of crypto lender Celsius, was arrested Thursday on federal securities fraud charges. His arrest coincided with the bankrupt company’s agreement to pay a $4.7 billion ...
Celsius, DOJ agree to more limited scope for investigation Celsius creditors' committee says its investigation will complement examiner's review State regulators and some Celsius borrowers have pushed ...
Bankrupt crypto lender Celsius Network told the court Tuesday it had $12 million in outstanding loans to Alameda Research, the trading wing of Sam Bankman-Fried’s crypto empire. That money – part of ...
There are two schools of thought in crypto: to regulate or not to regulate. Firstly I’d like to state something that I consider key. It is the idea that computing plus a basic human or technological ...
Investment group Fahrenheit will manage NewCo, pledging $50 million for an equity position. The restructuring involves distributing $2 billion in Bitcoin and Ethereum to creditors promptly. Unlock ...