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 ...
The stunning collapses of Celsius and FTX destroyed many lives — early adopters who had the foresight to understand the unique value propositions of Bitcoin (BTC) and crypto were left with practically ...
Alexander Machinsky, founder and former chief executive of the failed cryptocurrency lending platform Celsius Network, leaves Manhattan federal court Thursday, July 13, 2023, in New York on $40 ...
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 ...