Celsius
Bankrupt Lender Celsius CEO Owes Creditors Transparency, Crypto Lawyer Says
If Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," said Sasha Hodder, founder of Hodder Law Firm, on CoinDesk TV's "First Mover."
![“If [Mashinky] was being transparent, they would not have a need to pull in an independent examiner,” Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV’s “First Mover.” (CoinDesk TV, modified by CoinDesk)](https://cryptonewz.pages.dev/crypto-news-coindesk.com/_next/image?url=https%3a%2f%2fcdn.sanity.io%2fimages%2fs3y3vcno%2fproduction%2fd1d4ac7cf13d78d2867f5c160123232e551d4b49-1411x1058.jpg%3fauto%3dformat&w=1080&q=75)
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The chief financial officer said during a bankruptcy hearing the company will receive additional funds via maturing loans, and sales and use tax savings.
Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says
Some of the highest-profile and controversial bankruptcies in history, including Enron's and Lehman Brothers', have included the appointment of an independent examiner.
‘Consumer Business Is Dead’ for Crypto Lender Celsius, Bankruptcy Expert Says
Thomas Braziel, a partner at 507 Capital, also told CoinDesk TV’s “First Mover” customers may get back only 50 to 60 cents on the dollar.
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
The company had said Monday it might run out of cash by October.
'Long and Arduous' Path Ahead For Crypto Lender Celsius, Says Legal Expert
The second day of Celsius Network's bankruptcy hearing is underway, with the troubled crypto lender's attorneys laying out a path forward for the company. King & Spalding LLP Partner Thad Wilson discusses his initial reactions, explaining why "the path here is going to be long and arduous for Celsius to otherwise emerge from Chapter 11."
Crypto Lender Celsius On Pace to Run Out of Cash by October
The firm, which filed for bankruptcy protection in July, is also short of $2.8 billion in crypto assets, the court filing reveals.
Ripple Labs Weighs Buying Crypto Lender Celsius’ Assets: Report
The blockchain payment company is the latest to consider purchasing the assets of the bankrupt lender.
Celsius CEO Cashed in After Bankrupt Crypto Lender's Token Surged
This is the first time the address attributed to co-founder Alex Mashinsky was used since the company froze withdrawals and entered bankruptcy.
