“I don’t think we’ve reached a 100% final conclusion there, but given the fact that the examiner report reveals in great detail how the price of CEL token was manipulated, we’ve really struggled with ...
Tag: Celsiuss
Celsius’s CEL Token Suddenly Went up 15%, This Might Be Reason
CEL, the native token of embattled crypto lender Celsius, suddenly jumped more than 30% in a new ray of hope for Celsius clients. The rise yielded intraday highs of $0.72 on Dec. 5 before a retreat oc...
Celsius’s deal with Prime Trust as fraudsters targets clients
If not understood by an extended bankruptcy, then there are court documents that tell us the whole story of the bankrupt crypto lender Celsius. A new flaw has been witnessed as the fraudsters imitati...
Celsius’s Troubles Keep Getting Worse as Federal Investigators Zero In on Failed Lending Firm
Alex Dovbnya The beleaguered cryptocurrency lending firm is facing investigations in various cryptocurrency states Embattled cryptocurrency lender Celsius is under federal investigations, Bloomberg re...
Tech Entrepreneur Who Lost $1.5M to Celsius’s Bankruptcy Loses Millions in Robbery
Zaryn Dentzel, a technology entrepreneur who lost 800 Bitcoin (BTC) worth around $1.5 million to Celsius Network’s liquidity crisis, was a victim of a home invasion last year, losing millions of dolla...
Celsius’s former CEO withdrew $10 million before the firm’s bankruptcy: FT
Celsius Network founder and ex-CEO Alex Mashinsky withdrew $10 million before the company froze customer withdrawals and ultimately declared bankruptcy, the Financial Times reports. Citing people fami...
Celsius’s CEO plotting a pivot to custody services- Details inside
Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an interna...
Shocking facts from troubled Crypto lender Celsius’s 2021 court filing reviews
According to the latest court document from the Vermont Department of Financial Regulation, troubled crypto lender Celsius Network allegedly made “false and misleading assertions” about its financial ...
Doubts Over Celsius’s Mining Business Claims Arise, CelsiusUCC Update on Restructuring Talks – crypto.news
Emerging reports indicate that soon after its downfall, Celsius spent around $40 million on its mining operations. When meeting with Celsius creditors, Finance Chief Chris Ferraro recently said that t...
Celsius’s Request to Sell Mined BTC to Fund Operations is Approved
Despite cost concerns, a New York Bankruptcy Judge approved cryptocurrency lending company Celsius’s request to sell mined BTC. According to recent reports, a US bankruptcy court has approved the sale...
Bankrupt crypto firm Celsius’s biggest creditor linked to FTX founder Sam Bankman-Fried
Crypto wunderkind Sam Bankman-Fried has had an outsize role as a lender and creditor during the recent crypto crackup. Now, it has emerged that Bankman-Fried has an unexpectedly deep connection to the...
Does Celsius’s repayment schedule keep CEL’s recovery on track
Celsius Network’s halt on withdrawals plunged the cryptocurrency market into a bearish abyss last month. It is in the news today after it paid back its remaining debt to DeFi Protocol MakerDAO. The pa...
Nexo Offers to Acquire Vauld Group after Celsius’s Cold Treatment
Nexo’s plan to buy a cryptocurrency lender may be coming to fruition as the company has shown interest in acquiring Vauld Group. This development comes after Vauld Group announced earlier this week th...
FTX Exchange Walked Out on Celsius’s Bailout Amidst Bad Finances
FTX Derivatives Exchange was reportedly amongst the deep-pocket investors that showed interest in coming to the aid of embattled crypto lender Celsius Network but walked away after getting the full de...
How Goldman Sachs Could Benefit From Celsius’s Financial Struggle – Coinpedia – Fintech & Cryptocurreny News Media
As per Fortune data, Goldman Sachs is financing $2 billion to purchase the property of struggling crypto creditor Celsius as it approaches bankruptcy. Although Celsius may not file bankruptcy, Goldman...
Celsius’s situation worsens. What is next? Bankruptcy?
Another crisis is wracking the digital-asset sector a month after the collapse of Terra stablecoin sent the market tumbling, generating fresh trepidation among all cryptocurrencies. On Sunday, Celsius...
Celsius’s Alex Mashinsky on “Feeding the Plankton”
Alex Mashinsky, the serial US entrepreneur well known for installing broadband on the US subway, once famously declared Bitcoin the slowest database on the planet. It wasn’t until he understood it sol...
Celsius’s $30 million wETH lending pool on Maple Furnance
Celsius, a digital asset lending platform has announced its partnership with Maple Finance, a decentralized marketplace. Celsius will become its first CeFi lender on the platform. Celsius is a platfor...