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Celsius
Sky-High Yields and Bright Red Flags: How Alex Mashinsky Went From Bashing Banks to Bankrupting Celsius
How could Celsius Network pose “much less risk” than banks, as its CEO claimed, but pay eye-popping returns? It sounded too good to be true. There were other warning signs from the start.

Crypto Lender Celsius Files to Retain Former CFO to Advise on Bankruptcy Proceedings
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection.

What Happens to Celsius Creditors if Crypto Prices Recover?
Legal experts survey the undiscovered country that awaits customers of the bankrupt cryptocurrency lending platform.

Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit
The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.

Citi Says Crypto Contagion Appears to Have Ceased
Stablecoin outflows have been stemmed and outflows from ETFs have also stabilized, the report said.

Tesla’s Bitcoin Dump; Zipmex Freezes Withdrawals
Bitcoin slips after Tesla announcement, but analysts say we could have seen the bottom. Crypto trading volumes in India recover. Polygon’s ZK solution aims to slash current layer 1 Ethereum network costs by 90%. Singapore-based Zipmex freezes withdrawals. Documents reveal Vauld owes retail customers $363 million.

‘A Damaged Brand’: Former Celsius Employee on the Crypto Lender’s Mismanagement and Alleged Token Manipulation
Timothy Cradle, former compliance and financial crimes director at crypto lender Celsius Network, joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged questionable practices.

Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager
The crypto exchange said it hasn't been hurt by the crypto companies that are all seeking bankruptcy protection.

Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing
The first day hearing revealed Celsius is betting big on its also-indebted mining operation to help fill the $1.2 billion hole in the company’s balance sheet.
