Celsius News

Get the latest Celsius updates on bankruptcy proceedings, creditor repayments, legal developments, restructuring efforts, and market impact.

Bankruptcy

SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan

The regulator fears that Coinbase might overstep that role and act as a brokerage.

2 years ago

Bankruptcy

TechCrunch founder Arrington steps down from new Celsius board over constitution disagreement

Ravi Kava will replace Michael Arrington on the new company's board.

2 years ago

Bankruptcy

Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Celsius faces backlash over bankruptcy plan perceived as preferential to institutional lenders.

2 years ago

Bankruptcy

Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement

Celsius moves to buy Cedarvale mining site for $45M, betting on increased mining capacity amid bankruptcy proceedings.

2 years ago

Bankruptcy

New Celsius 2.0 company board proposal released, led by former Algorand CEO

Celsius bankruptcy proceedings inches closer to its end.

2 years ago

Legal

Alex Mashinksy’s assets were frozen by court order in August

Court documents unsealed September 5 indicated that the former Celsius CEO's assets, including multiple bank accounts, were frozen last month.

2 years ago

Bankruptcy

US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

The data center operator said it could manage up to 310,000 Bitcoin miners from Celsius and other clients.

2 years ago

Crime

Former Celsius CEO Alex Mashinsky loses motion to dismiss civil fraud lawsuit

The civil lawsuit brought by NY Attorney General Leticia James, accuses Mashinsky of duping customers through misleading and false claims.

2 years ago

Bankruptcy

Celsius reaches settlement that will enable users to receive assets by year-end

Celsius' settlements, which require court approval, resolve 30,000 customer claims seeking $78 billion in compensation.

2 years ago

Bankruptcy

Bankrupt Celsius transfers $24M worth of altcoins to FalconX, OKX

Celsius still holds around $183 million worth of altcoins, according to Dune analytics dashboard.

2 years ago

Bankruptcy

Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities

Co-founders Alex Mashinsky, Shlomi Daniel Leon, and Hanoch Goldstein are not parties to the settlement and their cases will proceed in federal court.

3 years ago

Analysis

Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko

Most Celsius's altcoin holdings have seen their liquidity drop by as much as 84% over the past year.

3 years ago

Celsius News

SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan

TechCrunch founder Arrington steps down from new Celsius board over constitution disagreement

Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement

New Celsius 2.0 company board proposal released, led by former Algorand CEO

Alex Mashinksy’s assets were frozen by court order in August

US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

Former Celsius CEO Alex Mashinsky loses motion to dismiss civil fraud lawsuit

Celsius reaches settlement that will enable users to receive assets by year-end

Bankrupt Celsius transfers $24M worth of altcoins to FalconX, OKX

Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities

Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko

Celsius

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Celsius News

SEC objects to Coinbase’s proposed role in Celsius bankruptcy plan

TechCrunch founder Arrington steps down from new Celsius board over constitution disagreement

Celsius bankruptcy plan faces backlash from retail crypto borrowers claiming institutional bias

Celsius to purchase $45M Core Scientific mining facility as part of bankruptcy settlement

New Celsius 2.0 company board proposal released, led by former Algorand CEO

Alex Mashinksy’s assets were frozen by court order in August

US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

Former Celsius CEO Alex Mashinsky loses motion to dismiss civil fraud lawsuit

Celsius reaches settlement that will enable users to receive assets by year-end

Bankrupt Celsius transfers $24M worth of altcoins to FalconX, OKX

Federal Trade Commission settles with Celsius for $4.7B fine; permanently bans company from all trading activities

Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko

Celsius

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