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Celsius Network
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.
Ex-Celsius Exec Pleads Guilty; Coinbase Earned $1M Amid Hack
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including details on a former Celsius Network executive pleading guilty to U.S. criminal charges. According to market observers, Coinbase is sitting on a roughly $1 million profit tied to a hack. And, bitcoin mining pool F2Pool has returned 19.8 bitcoin (BTC) to Paxos.
Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets
The private lender owed Celsius $439 million of assets as of July 2022.
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.
Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens
The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
Why Did Celsius Go Up in Flames? Alex Mashinsky Built Celsius a House of Cards
The bankrupt crypto lender misled the public from the beginning, several federal agencies allege in new lawsuits.
Insolvent Crypto Lender Celsius, Former CEO Alex Mashinsky Sued by SEC
The U.S. Securities and Exchange Commission (SEC) has accused bankrupt crypto lender Celsius Network and former CEO Alex Mashinsky of securities fraud, according to a lawsuit filed Thursday. CoinDesk Regulation reporter Jack Schickler discusses the lawsuit and what it could mean for Celsius' bankruptcy proceedings. Plus, insights on Coinbase's latest legal filing as the exchange prepares for its court hearing against the SEC.
Former SEC Enforcement Branch Chief Reacts to Celsius Being Sued by SEC
Lisa Bragança, former SEC enforcement branch chief and Bragança Law attorney, reacts to the SEC accusing bankrupt crypto lender Celsius Network and former CEO Alex Mashinsky of securities fraud. This comes as Bloomberg reports that Mashinsky was arrested following an investigation into the company's collapse.
Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
The embattled crypto lender has deposited $745 million of ETH to staking contracts in the last two days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network.
