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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
Modified photo of Sasha Hodder via CoinDesk TV
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...
Modified photo of Sasha Hodder via CoinDesk TV
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
Celsius founder and CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)
Policy
Celsius
Crypto Lender Celsius' Collapse Into Bankruptcy Should Be Probed, US Says
Some of the highest-profile and controversial bankruptcies in history, including Enron's and Lehman Brothers', have included the appointment of an independent examiner.
Celsius founder and CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)
By Nikhilesh De
Aug 18, 2022 at 9:49 p.m. UTC
Aug 18, 2022
CelsiusBankruptcyUS
Photo of an empty store front.
Finance
Celsius
‘Consumer Business Is Dead’ for Crypto Lender Celsius, Bankruptcy Expert Says
Thomas Braziel, a partner at 507 Capital, also told CoinDesk TV’s “First Mover” customers may get back only 50 to 60 cents on the dollar.
Photo of an empty store front.
By Fran Velasquez
Aug 18, 2022 at 3:30 p.m. UTC
Aug 18, 2022
CelsiusBitcoin MiningRetail InvestorsCoinDesk TV
Thermometer (Getty Images)
Finance
Pensions
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
Thermometer (Getty Images)
By Michael Bellusci
Aug 17, 2022 at 7:29 p.m. UTC
Aug 17, 2022
PensionsCelsiusBankruptcyCanada
Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)
Finance
Celsius
Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mined Bitcoin
The company had said Monday it might run out of cash by October.
Celsius CEO Alex Mashinsky (Piaras Ó Mídheach/Web Summit via Sportsfile)
By Krisztian Sandor
Aug 16, 2022 at 10:11 p.m. UTC
Aug 16, 2022
CelsiusBankruptcy
'Long and Arduous' Path Ahead For Crypto Lender Celsius, Says Legal Expert
Video
Cdtv
‘Long and Arduous’ Path Ahead For Crypto Lender Celsius, Says Legal Expert
The second day of Celsius Network’s bankruptcy hearing is underway, with the troubled crypto lender’s attorneys laying out a path forward for the company. King & Spalding LLP...
'Long and Arduous' Path Ahead For Crypto Lender Celsius, Says Legal Expert
By CoinDesk Staff
Aug 16, 2022 at 8:05 p.m. UTC
Aug 16, 2022
cdtvaab clipCelsiusBankruptcyKing & Spalding LLPThad Wilson
Celsius CEO Alex Mashinsky (Sportsfile)
Markets
Celsius
Crypto Lender Celsius On Pace to Run Out of Cash by October
The firm, which filed for bankruptcy protection in July, is also short of $2.8 billion in crypto assets, the court filing reveals.
Celsius CEO Alex Mashinsky (Sportsfile)
By Krisztian Sandor
Aug 15, 2022 at 9:49 p.m. UTC
Aug 15, 2022
CelsiusAlex MashinskyBankruptcy