Celsius Network

Celsius Asks for Court’s Permission to Sell Stablecoin Holdings
Celsius Asks for Court’s Permission to Sell Stablecoin Holdings
According to new court filings, Celsius Network has asked the court for authorization to sell its stablecoin holdings in order to generate liquidity to help fund its operation...
Celsius Asks for Court’s Permission to Sell Stablecoin Holdings

Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors
Investment firm Bernstein wrote Tuesday that bitcoin (BTC)’s correlation with other tokens will weaken as its dominance declines. Vermont authorities allege crypto lender Cels...
Bernstein: Bitcoin Underperforming Against Rivals; Vermont Regulator Alleges Celsius Misled Investors

Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator
Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator
Crypto lender Celsius Network misled investors about its financial health using its CEL token to bolster its balance sheet and at times using new investor funds to repay old i...
Crypto Lender Celsius Misled Investors, Resembled Ponzi Scheme: Vermont Regulator

Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds
Mt. Gox to Set Creditor Repayment Date in ‘Due Course’; Celsius Files to Return Custody Clients’ Funds
The distribution of funds to former customers of defunct crypto exchange Mt. Gox will begin on a repayment date to be set in “due course.” Two Georgia-based bitcoin mining fac...
Mt. Gox to Set Creditor Repayment Date in 'Due Course'; Celsius Files to Return Custody Clients' Funds

Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds
Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds
Crypto lender Celsius Network has filed two new lawsuits in an attempt to retrieve lost funds. Ropes & Gray Business Restructuring Associate Daniel Gwen discusses what this me...
Crypto Lender Celsius Files 2 New Lawsuits in Attempt to Recover Funds

Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up; Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
Celsius Depositors Fracture Again on Legal Strategy as ‘Withhold’ Group Lawyers Up; Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
Failed cryptocurrency lender Celsius Network has seen yet another set of claimants band together and hire a lawyer as the firm’s bankruptcy becomes an evermore messy and fract...
Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up; Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms

Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert
Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert
Hodder Law Firm Founder Sasha Hodder discusses crypto lender Celsius Network’s Chapter 11 bankruptcy proceedings and the “need” for CEO Alex Mashinsky to clarify what the firm...
Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert

Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease ‘Misleading’ Claims
With funds coming from maturing loans and tax savings, Celsius now likely has enough cash to last through the end of 2022. Plus, the FDIC orders FTX US and four other companie...
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims

DOJ Calls for Independent Examiner in Celsius Bankruptcy Case
DOJ Calls for Independent Examiner in Celsius Bankruptcy Case
The U.S. Trustee office overseeing Celsius’ bankruptcy proceedings has asked that an independent examiner be appointed to look into the crypto lender’s collapse into bankruptc...
DOJ Calls for Independent Examiner in Celsius Bankruptcy Case

'Consumer Business Is Dead' for Bankrupt Crypto Lender Celsius: Expert
‘Consumer Business Is Dead’ for Bankrupt Crypto Lender Celsius: Expert
Celsius Network has received multiple offers to help restructure. During a Tuesday bankruptcy hearing, the company said it received several proposals to inject cash into the c...
'Consumer Business Is Dead' for Bankrupt Crypto Lender Celsius: Expert