Tag: celsius network

New York AG, Letitia James has initiated legal action against Alex Mashinsky, former CEO of the now-bankrupt crypto lender Celsius

Core Scientific has reached an agreement with crypto lender Celsius Network to shut down over 37,000 mining rigs belonging to the latter

It all seems to be coming to an end for many creditors of troubled crypto firms like FTX that filed for bankruptcy in 2022

Galaxy Digital has emerged as the highest bidder for the GK8 platform owned by the bankrupt crypto lender, Celsius Network

Celsius Network, an insolvent crypto lender has yet to execute its restructuring plan, even after four months of filing bankruptcy.

The end of the bankruptcy proceeding of troubled crypto lender Celsius might just be near as the court has approved its planned sales

Celsius is under investigation by the US federal government, as per a filing by attorneys for its committee of unsecured creditors.

Celsius, a troubled crypto lending platform, has spent over $3 million on legal costs as it transitions Chapter 11 bankruptcy proceedings.

Celsius Network has disclosed that it was subpoenaed by United States prosecutors only a few days after it suspended withdrawal

Creditors of bankrupt Celsius Network have been on the edge after the firm submitted a pile of documents containing its creditors' information

Stephane Gosselin, Co-founder of Flashbots has made an announcement to step down from the company over disagreements

Daniel Leon, another Executive of the troubled Celsius Network has exited his role in the firm as it continues its bankruptcy proceedings

Troubled crypto lending platform Celsius Network has recently announced the timeline for the auction of its assets.

It has been reported that bankrupt Celsius Network founder and former CEO Alex Mashinsky withdrew $10 million from the platform a few days before it froze its customers’ accounts. This news, first broken by the Financial Times comes only a couple of days after he announced that he was stepping down from his role as […]

The embattled crypto lender Celsius Network has filed a move to resume withdrawals for a subset of its customers, but the United States Department of Justice (DOJ) has displayed objection. William Harrington, a US Trustee for the DOJ, submitted an objection on Friday, September 30, 2022, requesting that Celsius Network’s applications to sell its stablecoin […]

Alex Mashinsky, the Chief Executive Officer of the bankrupt crypto lending platform Celsius Network has submitted his resignation letter to the Special Committee of the Board of Directors of the company. Amidst the extreme market conditions, Alex on Tuesday said he is dropping his position as the firm’s CEO effective immediately. Although he will still […]

State watchdogs have questioned the troubled crypto lending platform Celsius Network over alleged “financial mismanagements.” In a recent development, Stephen Manning, assistant attorney general for Washington, moved Judge Martin Glenn on September 22 to represent the Washington State Department of Financial Institutions. The filing read: “I certify that I am a member in good standing […]

The strategy to compensate clients, which involves releasing new wrapped assets to trade on other platforms, is further described in a freshly leaked recording of Celsius Network’s leadership. In the recording provided by Tiffany Fong, the Celsius customer and public figure charged with sharing the earlier leaked all-hands meeting recording, the company’s co-founder and CTO […]

Sygnum Bank offers a variety of its own crypto-related exchange-traded products..

Bitfarms' lead director Brian Howlett announced that Bitfarms has adopted a..

HSBC clarified that it would continue to accept payments from crypto..

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