According to reports, Celsius, a troubled cryptocurrency lending platform, withdrew a large chunk of MATIC and ADA held on GK8 ahead of the unit’s sale to Galaxy digital. Celsius clears out GK8 balanc...
Tag: Celsius
Celsius Seeks for Damages for a Breach of $8M Contract
Celsius is dragging its investor, Fabric Ventures, to court for not fulfilling its commitment to invest $8M in a Series B round. In 2021, when the bulls were in control of the market, Venture Capital ...
Rapper Flo Rida Wins $82 Million In Lawsuit Against Celsius Energy Drinks
Topline Rapper Flo Rida, best known for his hits like “Low” and “Right Round,” was awarded more than $82 million on Wednesday by a Florida jury in his lawsuit against Celsius energy drinks, after he c...
Celsius and Fabric Ventures lock horns over $8 million Series B clawback
Bankrupt crypto lender Celsius is attempting to call in a more than $6 million from an $8 million investment commitment made by VC firm Fabric Ventures. Fabric was set to invest more than $8 mil...
Celsius Network Plans Selling Mining Hardware Worth $1.3M
7 hours ago | 2 mins read Editors News Celsius said on January 11 that it will be selling 2,687 MicroBT M30S ASIC rigs. The firm concluded that Touzi’s offer for the miners was the finest. In light of...
Celsius’ mining arm announces $1.3M sale of equipment
The mining arm of crypto lender Celsius Network has issued a notice for the sale of $1.3 million worth of mining equipment as part of its bankruptcy case. In a Jan. 11 filing with the United States Ba...
Former Celsius CEO sued for allegedly defrauding customers
New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC. James said that Mashinsky violated the Martin Act and New York’s E...
Celsius mining announces the successful sale of $1.3M worth of mining equipment
As part of its bankruptcy proceedings, the mining arm of crypto lender Celsius Network has announced a sale worth $1.3 million for their mining equipment. The United States Bankruptcy Court of the Sou...
Celsius sells bitcoin mining machines for $1.3 million
The bitcoin mining arm of bankrupt crypto lender Celsius is selling machines worth $1.3 million. The firm is letting go of nearly 2,700 “new-in-box” MicroBT M30S units, according to ...
Celsius Mining to sell 2687 BTC mining rigs for $1.34M
Celsius Mining entered into a Jan. 7 sales agreement to sell 2,687 Bitcoin mining rigs for $1.34 million to Touzi Capital , according to a Jan. 11 court filing. The mining rigs are “MicroBT ASIC M30S...
Will Celsius Users Receive Their Tokens?
Alex Dovbnya It is now exactly clear what will happen to the tokens of those users who had their XRP holdings on the now-defunct Celsius platform during the snapshot event The users of Celsius, a fail...
Eligible Celsius Accounts With XRP Balance Might Still Receive Flare Airdrop
– Advertisement – XRP holders on collapsed cryptocurrency lending platform Celsius might still be able to receive their Flare (FLR) airdrop. Crypto Law founder attorney John Deaton made th...
Can XRP holders on Celsius receive Flare (FLR) token airdrop? Yes, here’s how
Although Flare Network’s airdrop has already concluded, XRP holders who had their tokens on the now-defunct cryptocurrency lending platform Celsius Network during a snapshot event might still be eligi...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky
Alex Mashinsky, co-founder and former CEO of Celsius, now faces a lawsuit over its false advertisements. According to a press release published on Jan. 6, New York Attorney General Letitia James filed...
Celsius Investor Cries as Bankruptcy Judge Martin Glenn Prompted his Decision
Bankruptcy Judge Martin Glenn killed the hopes of crypto investors willing refunds from Celsius Network. Assets in the “Earn accounts” belong to Celsius, customers are owners, per the ruling on Decemb...
Celsius And Huobi Drama And More
Crypto firms continue to struggle even in the first week of the new year, with businesses laying off workforces and announcing bankruptcy. Let’s find out how crypto has been faring in 2023. Bitcoin ...
Saga of Gold-to-Dust – Crypto “Robin Hood” Alex Mashinsky of Celsius
Authorities claim Alex Mashinsky, CEO and co-founder of “bank run” Celsius Network, drained billions of its investors. Crypto entrepreneur Mashinsky is spiraling into legal troubles, following a laws...
NY Attorney General Sues Former Celsius Network CEO for Defrauding Clients
New York’s state attorney general Letitia James revealed on Twitter that she is suing the former Celsius Network head for defrauding investors out of billions of dollars. Who would have thought that t...
Celsius Founder Mashinsky Defrauded Thousands for Billions in Crypto: NYAG
New York’s attorney general is suing the former CEO of bankrupt crypto lender Celsius Network, alleging that the executive defrauded hundreds of thousands of investors out of billions of dollars in cr...
Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions
New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, former CEO of the bankrupt crypto lending platform Celsius Network, for defrauding investors – including 26,00 people fr...
NY Attorney General To Sue Former Celsius CEO For Defrauding Investors
New York Attorney General Letitia James will be suing Celsius CEO Alex Mashinsky. “Alex Mashinsky lied to people about the risks of investing in Celsius,” says James. James seeks to bar Mashinsky fro...
Mashinksy – The Man Behind Celsius
Join Our Telegram channel to stay up to date on breaking news coverage Alex Mashinsky was one of the disgraced crypto executives in 2022. Mashinsky co-founded one of the largest crypto lending compani...
Alex Mashinsky sued by NY AG for allegedly hiding Celsius’ ‘dire financial condition’
New York Attorney General Letitia James has filed a lawsuit against Alex Mashinsky, alleging the Celsius founder and former CEO made numerous “false and misleading statements” which led to investors l...
‘Earn’ Assets Belong To Celsius, Crypto Daily TV 6/1/2023
In Todays Headline TV CryptoDaily News: Celsius ‘Earn’ assets belong to bankrupt crypto lender. The chief U.S. bankruptcy judge in the Southern District of New York said in a court order t...
Celsius ruling shines light on crypto user agreement fine print
Experts say a judge’s recent ruling that assets in a yield-bearing account belong to Celsius, not investors, highlights how high the stakes are in bankruptcy proceedings for customers of crypto firms....
Celsius CEO Alex Mashinsky Sued By New York’s Attorney General
On Thursday, the attorney general of the state of New York filed a civil lawsuit against Alex Mashinsky, founder of the crypto-focused company Celsius Network; accusing him of plotting to defraud hund...
NY Attorney General to sue Celsius ex-CEO for fraud
New York Attorney General Letitia James took to Twitter to announce she will file a lawsuit against former Celsius CEO Alex Mashinsky for defrauding investors. Celsius ex-CEO faces legal action The Ne...
Celsius Founder Alex Mashinsky Sued By New York Attorney General
New York Attorney General Letitia James has sued the founder and former CEO of collapsed crypto bank Celsius, Alex Mashinsky. According to the AG, Mashinsky misrepresented the financial condition of ...
Federal judge gives Celsius Network control of $4.2b in client assets
Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York, in a Jan. 4 ruling, said the $4.2 billion of assets that had been locked in Celsius Network LLC’s ...
Former Celsius Founder Sued by NY Attorney General
The Attorney General of New York State has filed a lawsuit against the co–founder and former CEO of bankrupt crypto lender Celsius Network. New York Attorney General Letitia James said she was suing A...
Civil Lawsuit Filed Against Celsius Former CEO in New York
7 hours ago | 2 mins read Defi News The lawsuit accuses Mashinsky of planning to swindle hundreds of investors. According to Ms. James’ office, over $440 million was put by over 26,000 New Yorkers. Th...
New York Attorney General files lawsuit against Celsius’ Alex Mashinsky for defrauding investors
The Attorney General of New York, Letitia James, has filed a lawsuit against Alex Mashinsky, the former CEO and co-founder of Celsius Network LLC, for misleading Celsius’ investors about billions of d...