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Celsius
Celsius CEO Reportedly Mulls Crypto Custody Pivot After Lending Business Imploded
Celsius CEO Alex Mashinsky proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report. Plus, bitcoin (BTC) and crypto-linked stocks fall as U.S. inflation in August rose 8.3% from the previous year and 0.1% from a month ago.
FTC Moves to Join Crypto Lender Celsius’ Bankruptcy Case
The Federal Trade Commission also requested a copy of all relevant documents.
Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report
Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report.
White House Report Calls for Crypto Mining Standard to Reduce Energy Usage
The White House Office of Science and Technology Policy called for the U.S. to conduct further research on the energy impact of crypto mining in order to set standards for the industry. CoinDesk’s Global Policy & Regulation Managing Editor Nikhilesh De breaks down the report and what this means for the upcoming Ethereum Merge.
Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
The U.S. Trustee's office called for an independent examiner last month.
DeFi vs CeFi Lending: Before Choosing, Understand the Challenges and Risks
CeFi simplifies DeFi user experience for investors, but comes with many risks.
Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
While a bankruptcy court should appoint an independent examiner to investigate Celsius’ financials, the examiner should not work for the U.S. Trustee’s office, a group of Celsius borrowers said.
Vermont Regulators Didn't Use the Word, but I Will: Celsius Was a Ponzi
Alex Mashinsky always had plenty to say about Celsius’ finances. Most of it, a new filing claims, wasn’t true.
Exploring the Regulatory Impact of Upcoming Ethereum Merge
Could the upcoming Ethereum Merge change the nature of ether (ETH) from a commodity to a security? Prime Trust VP Jeremy Sheridan discusses the legal considerations of the merge and how it might shape the future of the U.S. crypto regulatory framework. Plus, he reacts to Celsius’ lawsuit against Prime Trust.
Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says
"... [A]t least at some points in time, yields to existing investors were probably being paid with the assets of new investors."
