Celsius News

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

Bankruptcy

Celsius CEO Alex Mashinsky resigns; CEL tanks

Celsius immediately announced the appointment of Chris Ferraro as the Chief Restructuring Officer and Interim Chief Executive Officer.

3 years ago

Crypto

CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit

Bitcoin mining firm Compute North files for chapter 11 bankruptcy, CFTC fines bZeroX for $250K while filing a lawsuit against its successor Ooki DAO, and much more in this edition of CryptoSlate Wrapped Daily.

3 years ago

Bankruptcy

Celsius shareholders want their own legal representation in bankruptcy case

The shareholders want Celsius to "dollarize" the crypto holdings of its customers.

3 years ago

Bankruptcy

Celsius seeks court approval to sell $23M worth of stablecoin assets

Celsius is looking to sell the stablecoins to generate more liquidity to fund its business operations.

3 years ago

Bankruptcy

Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan

The disgraced CeFi lender hopes to rebuild with a new business strategy focused on crypto custody.

3 years ago

Bankruptcy

Celsius borrowers oppose US Trustee’s move to appoint internal examiner

A group of borrowers have filed a motion arguing that in order to maintain transparency and unbiased assessment of Celsius' financials, a chapter 11 Trustee should be appointed.

3 years ago

Bankruptcy

Celsius expects to receive $70M loan repayment to fund operations beyond November

Celsius expects to receive extra $70 million in loan repayment by Oct. 7 and retain over $42 million by the end of November.

3 years ago

Bankruptcy

Celsius wants to return $210 million worth of custody assets

The firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts.

3 years ago

Legal

Creditors file fresh suit against Celsius seeking $22.5M reimbursement

The creditors are basing their claim on the fact that their funds were held in Celsius' custodial account and not the Earn program.

3 years ago

Legal

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Celsius hits back at Jason Stone claiming he used client funds to buy CryptoPunks while losing 30,000 ETH in a bad DeFi trade.

3 years ago

Bankruptcy

Celsius CEO’s alleged trading decisions led to bankruptcy

Alex Mashinsky allegedly ordered the trading team to sell hundreds of millions of dollars worth of Bitcoin, causing Celsius a $50 million loss.

3 years ago

Enterprise

Ripple shows interest in acquiring Celsius

A Ripple spokesperson reportedly said the firm was interested in looking for M&A opportunities to scale its business.

3 years ago

Celsius News

Celsius CEO Alex Mashinsky resigns; CEL tanks

CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit

Celsius shareholders want their own legal representation in bankruptcy case

Celsius seeks court approval to sell $23M worth of stablecoin assets

Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan

Celsius borrowers oppose US Trustee’s move to appoint internal examiner

Celsius expects to receive $70M loan repayment to fund operations beyond November

Celsius wants to return $210 million worth of custody assets

Creditors file fresh suit against Celsius seeking $22.5M reimbursement

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Celsius CEO’s alleged trading decisions led to bankruptcy

Ripple shows interest in acquiring Celsius

Celsius

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About Celsius Network

Celsius Network

Celsius News

Celsius CEO Alex Mashinsky resigns; CEL tanks

CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit

Celsius shareholders want their own legal representation in bankruptcy case

Celsius seeks court approval to sell $23M worth of stablecoin assets

Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan

Celsius borrowers oppose US Trustee’s move to appoint internal examiner

Celsius expects to receive $70M loan repayment to fund operations beyond November

Celsius wants to return $210 million worth of custody assets

Creditors file fresh suit against Celsius seeking $22.5M reimbursement

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Celsius CEO’s alleged trading decisions led to bankruptcy

Ripple shows interest in acquiring Celsius

Celsius

$0.03

Celsius Network

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