Celsius Network

Celsius Network, a bankrupt crypto lender, has been accused of operating a Ponzi scheme. (Celsius Network)
First Mover Americas: Celsius Network Accused of Running a Ponzi Scheme
The latest price moves in crypto markets in context for Jan. 31, 2023.
Celsius Network, a bankrupt crypto lender, has been accused of operating a Ponzi scheme. (Celsius Network)

Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop
Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop
Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also aut...
Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments
Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Graysc...
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments

New York State’s Attorney General Sues Former Celsius CEO Mashinsky
New York State’s Attorney General Sues Former Celsius CEO Mashinsky
New York state’s attorney general has sued Celsius Network's former CEO Alex Mashinsky for allegedly defrauding investors with false statements about the condition of the comp...
New York State’s Attorney General Sues Former Celsius CEO Mashinsky

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
Core Scientific to Shut Down Celsius Crypto Mining Equipment
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is costing it $2 million in revenue per month.
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
U.S. employers beat expectations and added 263,000 jobs in November, sending bitcoin's price below $17,000. Mike Novogratz's Galaxy Digital won an auction to buy self-custody...
Galaxy Digital Will Buy GK8 From Celsius; Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

BlockFi Joins the Crypto Bankruptcy Parade
BlockFi Joins the Crypto Bankruptcy Parade
Crypto lender BlockFi became the latest industry heavyweight to file for Chapter 11 bankruptcy, joining Celsius Network, Voyager Digital and FTX. CoinDesk Global Policy & Regu...
BlockFi Joins the Crypto Bankruptcy Parade

(Tanja Luther/Getty Images)
US Court Approves Deadline for Celsius Customers to File Proofs of Claim
Customers of the bankrupt crypto lender have until Jan. 3, 2023, to file proofs of claim, if Celsius’ scheduling of their claims as filed are incorrect.
(Tanja Luther/Getty Images)

Time on clock stop by nail delay concept. (Dimj/Shutterstock)
Bankrupt Crypto Lender Celsius Files Motion to Extend Submission Time for Reorganization Plan
The bankrupt lender filed the motion so that it has more time to submit its reorganization plan.
Time on clock stop by nail delay concept. (Dimj/Shutterstock)

Bitcoin Bear Market Has a Silver Lining, CryptoCompare's Q3 Review Shows
Bitcoin Bear Market Has a Silver Lining, CryptoCompare's Q3 Review Shows
The ongoing bear market may appear more brutal than previous ones considering several industry heavyweights like Terra, Three Arrows Capital and Celsius Network have buckled u...
Bitcoin Bear Market Has a Silver Lining, CryptoCompare's Q3 Review Shows