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Crypto Lender Celsius' Bankruptcy Case Back in Court as Hearings Continue
Video
Nikhilesh de
Crypto Lender Celsius’ Bankruptcy Case Back in Court as Hearings Continue
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest legal developments surrounding crypto lender Celsius and a preview of today’s hearing in...
Crypto Lender Celsius' Bankruptcy Case Back in Court as Hearings Continue
By CoinDesk Staff
Sep 1, 2022 at 3:12 p.m. UTC
Sep 1, 2022
Nikhilesh DecdtvFM ClipCelsiusNik DeBankruptcy
Celsius Network founder and CEO Alex Mashinsky. (CoinDesk archives)
Policy
Regulations
Crypto Lender Celsius Files to Return Custody Clients' Funds
Celsius said these funds are not part of the bankruptcy estate, unlike funds from Earn and Borrow clients.
Celsius Network founder and CEO Alex Mashinsky. (CoinDesk archives)
By Nikhilesh De
Sep 1, 2022 at 1:38 p.m. UTC
Sep 1, 2022
RegulationsCelsiusBankruptcyCustodyUS
Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)
Finance
Celsius
Crypto Lender Celsius Faces Another Group of Customers Who Want Their Money Back
More than 60 of Celsius’ custodial-account holders petitioned a bankruptcy court to force the crypto lender to send them their funds back outside of the proceedings.
Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)
By Nikhilesh De
Sep 1, 2022 at 8:25 a.m. UTC
Sep 1, 2022
CelsiusBankruptcyCourtCourt FilingsCustodyUS
'Not Unusual' for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
Video
Voyager
‘Not Unusual’ for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
A U.S. federal judge ruled in Voyager’s bankruptcy hearing Wednesday the crypto lender can pay more than 30 employees a collective $1.6 million as a “retention” award. Ropes &...
'Not Unusual' for Voyager to Pay Employees Retention Bonuses, Restructuring Expert Says
By CoinDesk Staff
Aug 24, 2022 at 8:12 p.m. UTC
Aug 24, 2022
Voyagercdtvaab clipCelsiusfederal judgeBankruptcyRopes & Gray LLPDaniel Gwen
Celsius Network is suing Prime Trust for the return of $17M in crypto. (Danny Nelson/CoinDesk)
Finance
Celsius
Bankrupt Crypto Lender Celsius Sues Prime Trust Over $17M in Tokens
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington state.
Celsius Network is suing Prime Trust for the return of $17M in crypto. (Danny Nelson/CoinDesk)
By Danny Nelson
Aug 23, 2022 at 5:04 p.m. UTC
Aug 23, 2022
CelsiusBankruptcyPrime TrustLawsuit
Celsius has filed a countersuit against an ex-employee. (Unsplash, modified by CoinDesk)
Finance
Celsius
Failed Crypto Lender Celsius Fires Back, Accusing Ex-Employee of Fraud
KeyFi founder and CEO Jason Stone has previously filed suit against Celsius, accusing his former employer of market manipulation, among other charges.
Celsius has filed a countersuit against an ex-employee. (Unsplash, modified by CoinDesk)
By Stephen Alpher
Aug 23, 2022 at 4:29 p.m. UTC
Aug 23, 2022
CelsiusBankruptcyLawsuit
Tornado Cash Storm; Australia Plans Crypto Rules
Video
Uniswap
Tornado Cash Storm; Australia Plans Crypto Rules
Tornado Cash sanction brews up a storm. Uniswap blocks over 250 wallet addresses from frontend in sanction compliance. Could Australia’s “token mapping” plan be the way forwar...
Tornado Cash Storm; Australia Plans Crypto Rules
By CoinDesk Staff
Aug 23, 2022 at 3:23 p.m. UTC
Aug 23, 2022
UniswapcdtvAustraliaDailyForkCelsiusTornado Cash
More claimants are turning up the heat on Celsius. (Unsplash)
Finance
Celsius
Celsius Depositors Fracture Again on Legal Strategy as 'Withhold' Group Lawyers Up
Some U.S.-based customers whose funds ended up frozen in holding accounts have hired a partner at Troutman Pepper to get access to their funds.
More claimants are turning up the heat on Celsius. (Unsplash)
By Ian Allison
Aug 22, 2022 at 3:08 p.m. UTC
Aug 22, 2022
CelsiusBankruptcyLegal
“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)
Policy
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...
“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)
By Fran Velasquez
Aug 19, 2022 at 9:17 p.m. UTC
Aug 19, 2022
CelsiusBankruptcyCoinDesk TVAlex Mashinsky
Celsius participated in a call with its creditors on Friday. (Unsplash)
Finance
Celsius
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.
Celsius participated in a call with its creditors on Friday. (Unsplash)
By Elizabeth Napolitano
Aug 19, 2022 at 5:47 p.m. UTC
Aug 19, 2022
CelsiusBankruptcyAlex MashinskyLending