Crypto lender Celsius recently announced the postponement of its bankruptcy second hearing. Celsius made the revelation in a Twitter post. Reportedly, the postponement manifested owing to the plea for...
Tag: Celsius
The Latest on the Ongoing Celsius Network Debacle; Short Squeeze Still an Option? – crypto.news
There are good reasons why Celsius Network has been labeled as the crypto market’s disaster. The current Celsius crisis, that has led the market to plummet and exacerbated the already stressed ecosyst...
Celsius wants to rehire its ex-Chief Financial Officer
Embattled crypto lender Celsius Network wants to rehire its ex-Chief Financial Officer Rod Bolger, according to a court filing made by the firm on July 25. According to the filing, Celsius wants to hi...
Celsius facing legal action by aggrieved custody customers over $180M deposit
Celsius is facing legal action from a group of custody clients seeking a refund of their collective $180 million deposit. The growing group of 400 customers owns about 4% of the total assets locked in...
PepsiCo takes $550 million stake in energy drink maker Celsius
Celsius Energy Drinks Courtesy: Celsius Holdings PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller com...
Celsius Continues to Sink Deeper Into Controversy – crypto.news
Months after Celsius stopped customer withdrawals, the pileup of unanswerable questions has continued unabated. With each passing day, new controversies continue to emerge, new lies are uncovered, and...
New York AG seeks crypto whistleblowers and ‘deceived’ investors
Crypto industry workers in New York who witnessed misconduct within their companies should file a whistleblower complaint, New York State Attorney General Tish James announced on Monday. James issued...
Celsius Custody Clients Band Together, Tap Lawyer to Reclaim $180M
The custody wallet holders are the first to form an ad hoc group in the case. These creditors are worried Kirkland & Ellis, the law firm hired on Celsius’ behalf, may be telling them what they wan...
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Ch...
Crypto Clients Pleading for Funds Payback after Lender Celsius’ Crash
Customers caught in the meltdown of crypto lending firm Celsius Networks are pleading for their deposits to be paid back. Hundreds of letters have poured into the judge overseeing the company’s ...
Legal Battles Continue while Data Breach hits Celsius – crypto.news
Over a month since Celsius network problems began, the network has faced many issues. The network continues to suffer from legal battles, bankruptcy hearings, and data breaches. Celsius in Legal Batt...
Court letters reveal financial distress after Celsius, Voyager bankruptcies
Recent court documents filed in the bankruptcy cases of Voyager Digital and Celsius Network reveal the financial ruin potentially facing customers of both companies. “The money that my wife and I were...
Celsius Network Client Data Breach Confirmed by Customer.io
The crypto lender said it has gotten the affirmative from Customer.io that none of its other data is involved in the breach so all users are to rest assured that no other surprise is on the way. Embat...
Celsius also hit by Customer.io email data breach
An employee at one of Celsius’ vendors leaked a list of customer emails to a “third-party bad actor,” according to the company. The crypto lender said in an email Thursday that it wa...
Celsius Data Breach Could Spell Further Misery for Users
Celsius has confirmed that a list of client email addresses was stolen by an employee of Customer.io, increasing the risk of phishing attacks by malicious third parties. According to Celsius, the emai...
Phishing risks escalate as Celsius confirms client emails leaked
Celsius depositors should be on the lookout for phishing scams after the company revealed some of its customer data had been leaked in a third-party data breach. On Tuesday, Celsius sent an email to ...
Celsius Price Analysis: Is CEL Prepared to Break out of the Symmetrical Triangle?
Celsius price has been bullish inside the symmetrical triangle pattern over the daily price chart. CEL crypto has gained more than 10% of its market cap in the last 24-hour period. The pair of C...
Celsius Suffers Data Breach, Creates Window for Escalating Phishing Risks
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Celsius reveals customer data breach by vendor’s employee
Embattled crypto lender Celsius Network has revealed via email that some of its customers’ data were breached by an employee of Customer.io. Announcement from Celsius: “We are writing to let you know ...
Celsius Admits Customer Emails Leaked In Third-Party Data Breach
The same data breach that affected OpenSea has affected Celsius Customer.io removed its employee responsible for email leaks Celsius users — look out for phishing attacks. The cryptocurrency lender h...
Chainge Finance initiates filing to obtain Celsius’ assets
Global DeFi protocol, Chainge Finance, is planning to institute an application with the United States Bankruptcy Court Southern District of New York. This protocol made the revelation in a Twitter thr...
US Senator blames SEC for Celsius’ collapse 1
US Senator Pat Tomey has called out the Securities and Exchange Commission over their role in the build-up to investors losing funds deposited on Celsius. The crypto lending platform announced some we...
Celsius Client Data Leaked in the Same Breach as OpenSea
According to the Celsius community, the company has allegedly been contacting users to inform them of a data breach directly affecting them that could easily lead to phishing attempts. One Disgruntled...
Celsius suffers Third-Party Data Breach as Phishing risks escalate
Celsius users should be alert for phishing scams after the Corporation disclosed that some of its client data had been compromised by a third party. Celsius customers were notified via email on July 2...
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’ – Bitcoin News
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Ce...
Celsius and BitConnect: Not So Different?
If the Celsius case finds its way to any sort of criminal action, it feels more likely to be related to unexplained individual acts, such as CEO Alex Mashinsky’s transfers of CEL tokens and other asse...
How CEO Alex Mashinsky Went from Bashing Banks to Bankrupting Crypto Lender Celsius.
According to Mashinsky’s website, he has founded eight startups (Arbinet, Comgates, Elematics, Transitwireless, Governing Dynamics, GroundLink, Inseego and Celsius – and was generally also the chairma...
Celsius wants to bring on former CFO as adviser for bankruptcy proceedings
Crypto lender Celsius Network has submitted a motion to bring on former CFO Rod Bolger as an advisor to help with its bankruptcy proceedings. A hearing will take place on August 8 to consider the moti...
Bankrupt Crypto Lender Celsius Seeks Help From Former CFO
Celsius’ former chief financial officer earned an annual base salary of $750,000 The bankrupt crypto lender again wants his advice due to his familiarity with Celsius Celsius has filed a motion to ret...
Celsius Network Petitions Court to Consult Former CFO Rod Bolger
Embattled cryptocurrency lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer (CFO). The firm high...
Tether’s $840M Celsius loan liquidation poses legal troubles
Tether’s (USDT) liquidation of the $840 million loan it gave to Celsius could be under scrutiny under bankruptcy law to determine if the process was valid, the Financial Times reported July 26. The st...