Celsius filed a motion to sell stablecoins in its treasury last month but a court is yet to approve it State regulators in multiple states have already filed objections over the potential sale Celsius...
Tag: Celsius
Celsius receives court approval for bidding proposal, final judgement expected Dec. 22
CeFi lending platform Celsius Network has received approval for its bidding proposal, and the court has set the final sale hearing for Dec. 22. Celsius which filed for bankruptcy on July 13, has been ...
Celsius Gets Green Light from Bankruptcy Judge for Bidding Plans
Celsius Network has received a green light from a federal bankruptcy judge bidding procedure plans. The next step will include setting up a motion schedule to see the crypto lender‘s assets sold...
Flasko (FLSK) Looking To Surpass Stacks (STX) And Celsius Network (CEL) In 2023
Cryptocurrency investors had a profitable year in 2021, but 2022 hasn’t been great for many traders and crypto enthusiasts as the general market trend was bearish. Due to the devastating REDs of coins...
Celsius Once Solicited Donations for Ukraine. Here’s What Happened Next.
The reality is this is closer to a case of much ado about nothing. Celsius didn’t receive a material amount of funds from its donation drive, and what little bitcoin it did get it sent on to Ukraine. ...
Flasko (FLSK) Looking to Surpass Stacks (STX) and Celsius Network…
Cryptocurrency investors had a profitable year in 2021, but 2022 hasn’t been great for many traders and crypto enthusiasts as the general market trend was bearish. Due to the devastating REDs of...
Celsius users concerned over personal info revealed in bankruptcy case
Crypto lending platform Celsius filed for Chapter 11 bankruptcy on July 13, 2022. Although the Celsius case involves digital assets, it remains subject to United States Bankruptcy Code under the Bankr...
Celsius Network defaults on payments to Core Scientific, causing financial unrest
Crypto lender Celsius Network’s legal journey has gained another chapter as Bitcoin (BTC) miner Core Scientific accused the company of refusing to pay its bills since filing for Chapter 11 bankr...
Core Scientific Wants $2 Million From Celsius Asset Register
As Celsius contemplates an asset sale at an upcoming hearing, Texas-based crypto miner Core Scientific has asked the company to pay its outstanding bills. Core Scientific has asked a bankruptcy court ...
Prime Trust dispute settled, fee examiner appointed at Celsius hearing
Parties in the Celsius bankruptcy proceedings are beginning to hash out a process for a possible auction of the company’s assets. Those assets remain in flux as crypto custodian Prime Trust agre...
JPMorgan Has Appointed a Former Celsius Executive as Head of the Crypto Regulatory Policy – crypto.news
According to recent reports, JPMorgan (JPM), the US investment banking giant, appointed former Celsius executive Aaron Iovine as its head of crypto regulatory policy yesterday. CEO Jamie Dimon Calls C...
Former Celsius Exec Joins JPMorgan as New Crypto Policy Head
JPMorgan CEO Jamie Dimon may be calling cryptocurrencies like Bitcoin “decentralized Ponzi schemes,” but this hasn’t stop the world’s largest investment bank from hiring a new head of digital assets r...
JPMorgan Takes In Former Celsius Official To Help Chart A Path Into The Crypto Space ⋆ ZyCrypto
Advertisement     A former top executive from the bankrupted crypto lender, Celsius, is joining one of the largest mainstream banks. According to his recent update on ...
Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL to...
Celsius Former Executive Hired by JPMorgan as Crypto Regulatory Policy Head
Lovine, an Ex. executive of Celsius Network, joined forces with JPMorgan. ccording to a Bloomberg report on 19 October 2022, JPMorgan (JPM) has appointed Aaron Iovine as its head of crypto regulator...
JPMorgan hires former Celsius exec Aaron Iovine
JPMorgan (NYSE: JPM) has hired Aaron Iovine, a former regulatory affairs executive at bankrupt crypto lender Celsius (CEL/USD), only a few weeks after he left the embattled crypto company. Reuters rep...
Celsius CEO Alex Mashinsky Steps Down
Alex Mashinsky – the CEO of the Celsius Network, the doomed digital currency staking platform that is now in the middle of bankruptcy proceedings – has resigned from his post and will no longer be ass...
Former Celsius Executive Joins JPMorgan
Former Celsius executive Aaron Iovine has joined the team at JPMorgan Chase & Co as its executive director of digital assets regulatory policy. The news comes only days after the bank’s Chief Exec...
JPMorgan Taps Former Celsius Exec As Crypto Regulatory Policy Director
Nothing supersedes personal experience. At least that seems to be the case with a new JPMorgan Chase hire this week, as the financial firm has brought in former Celsius executive Adam Iovine to serve ...
Bankrupt Crypto Lending Platform Celsius Faces Federal Investigation, According to Court Documents
New court documents reveal that bankrupt crypto lending platform Celsius is facing a federal investigation as well as inquiries in 40 US states. According to a recent filing, Celsius faces a “signific...
JPMorgan Hires Former Celsius Network Executive Aaron Iovine As Crypto Regulatory Policy Head
JPMorgan Chase & Co. on Wednesday announced the appointment of former Celsius Network executive Aaron Iovine as its new head of digital assets regulatory policy, a newly created job position as co...
Celsius Network attracts Federal investigation- Details you need to know
Crippled crypto lender Celsius Network is reportedly facing a federal investigation in the United States. As per a filing made by the Celsius Official Committee of Unsecured Creditors (UCC), the defu...
Celsius Network to Pay Around $3M as Legal Fees
Celsius Network filed for bankruptcy under Chapter 11 of the bankruptcy rules. Chief Executive Officer and Founder of Celsius Network resigned in the last week of September 2022. Celsius Network was...
JPMorgan’s new crypto policy head was at bankrupt Ponzi Celsius
JPMorgan has hired Aaron Iovine, most recently head of policy and regulatory affairs of bankrupt crypto lender — and likely Ponzi scheme — Celsius Networks, as its new executive director of digital as...
Celsius Is Planning to Give Customers Their Funds Back
Celsius – the doomed crypto lending platform that completely collapsed in the summer and is now undergoing bankruptcy proceedings – has issued a plan to compensate all the customers and people that ha...
Bankrupt Crypto Lender Celsius Hit by Federal Investigations
Celsius has been one of the more high-profile casualties of a sharp sell-off in the crypto market that was triggered in part by May’s collapse of the Terra blockchain. The now-bankrupt crypto lender’s...
Federal Investigations Against Bankrupt Crypto Lender Celsius –
9 seconds ago | 2 mins read Exchange News The company has received inquiries from the SEC, CFTC and FTC. A federal grand jury subpoena was issued to the firm. US federal investigations are being cond...
Celsius, The Trouble With Crypto
cryptocurrencies getty 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 h...
Celsius judge says court may look to UK consultation paper in absence of US guidance
The lack of crypto regulation in the United States has long complicated the lives of users and service providers, and now a judge has acknowledged the pain the judiciary also feels from its absence. C...
Celsius Bankruptcy Judge To Refer UK Crypto Consultation Paper?
The chief U.S. bankruptcy judge who oversees Celsius case suggested that the Court could refer to UK crypto consultation paper. In a document filed on Monday, Judge Martin Glenn said there are no cont...
Ex-CEO of Celsius Network Move $960K in CEL and USDC : Report
Data shows that Alex Mashinsky moved nearly $960K crypto in CEL and USDC. However, the withdrawal facility is suspended for Celsius customers. Transaction from Mashinsky’s Crypto Wallet Alex Mashinsky...
Celsius crypto lender charges more than $3M in legal fees
Join Our Telegram channel to stay up to date on breaking news coverage Bankrupt crypto lending company, Celsius, has been charged over $3 million in legal fees. The fees have been incurred as the lend...