[ad_1] It’s now been over a year since crypto lender Celsius Network filed for bankruptcy, which has led to a 13-month rollercoaster so far for investors. However, there may be an end…
Category: Celsius
Embattled Crypto Lender Celsius Reaches Settlement To Resolve Claims Worth Over $78,000,000,000
[ad_1] Celsius Network and its account holders have reached a new agreement that could expedite the settlement of more than 30,000 claims filed against bankrupt crypto lenders. According to court documents filed…
Celsius to spend $25 million from GK8 sale on legal expenses
[ad_1] Celsius acquired GK8 for $115 million in 2021 but was forced to sell it as part of a restructuring process. Shareholders have proposed allocating $24 million of the proceeds for legal…
Celsius bankrupt, allocates $24 million for legal expenses
[ad_1] share Share on Twitter Share on LinkedIn Share on Telegram Copy link Copied link Bankrupt crypto lending company Celsius has filed a motion seeking assistance for the distribution of funds resulting…
Former Celsius CEO Mashinsky to be released on $40m bail
[ad_1] share Share on Twitter Share on LinkedIn Share on Telegram Copy link Copied link Alex Mashinsky, former CEO of Celsius Network, will be released on bail following his arrest and fraud…
US Federal Trade Commission slaps Celsius Network with $4.7B fine
[ad_1] The FTC said Celsius “wasted billions in user deposits” after “tricking” customers into depositing funds. Celsius and his former CEO have also been sued by the US SEC today. Last week,…
Celsius’s Mashinsky arrested, SEC files securities fraud charges – reports
[ad_1] Alex Mashinksy, co-founder and former CEO of bankrupt crypto banker Celsius, was arrested in the early hours of this morning, according to a July 13 Bloomberg report, citing people familiar with…
Celsius Liquidations Raise Concerns Of Liquidity Crisis
[ad_1] In a low-liquidity environment, the massive sale of altcoins by Celsius, a bankrupt crypto lender, may have far-reaching consequences for the market. Kaiko’s latest research report highlights this concerning trend. Last…