Celsius


Finanza

Celsius’ Top Execs Cashed Out $17M in Crypto Before Bankruptcy

Ex-CEO Alex Mashinsky and ex-CSO Daniel Leon pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May, before the company suspended all customer withdrawals.

Celsius CEO Alex Mashinsky at Consensus 2019 (CoinDesk archives)

Finanza

Celsius' Crypto Customers Face Big Obstacle in Trying to Claw Back Their Deposits

A change in the corporate structure the bankrupt crypto lender made when it was raising money last year may come under scrutiny.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

Politiche

Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report

Mashinsky resigned as CEO on Sept. 27; the company filed for chapter 11 bankruptcy protection in mid July.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Politiche

Crypto Lender Celsius Shouldn't Reopen Custody Withdrawals, US Trustee Says

The office has also requested the judge deny the bankrupt lending platform’s motion to liquidate its $23 million in stablecoin holdings.

(Unsplash/modified by CoinDesk)

Video

Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment

Creditors of crypto lending firm Celsius have moved to subpoena lending firm Equities First. Celsius' former CEO Alex Mashinsky said his firm is still owed $439 million from Equities First. The money is collateral posted against a loan Celsius took from the company and which Equities First was unable to repay. "The Hash" team discusses the latest in the aftermath of Celsius' collapse.

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Video

Texas Opposes Plan by Celsius to Fund Operations With Stablecoin Sales

Texas state agencies are objecting to a plan by bankrupt crypto lender Celsius Network to sell off its stablecoin holdings to pay for ongoing operations, according to a new court filing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the details.

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Finanza

Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment

The money is collateral posted against a loan Celsius took from the company and which Equities First was unable to repay.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Politiche

Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales

Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Finanza

CEL Token Jumps as SBF Said to Eye Celsius in Buying Spree

The native token of Celsius regained momentum just hours after being rocked by the surprise departure of CEO Alex Mashinsky.

FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)