Celsius
FTX Relaunch Effort Includes Celsius Winner Proof Group, Sources Say
Plans to bring Sam Bankman-Fried's crypto exchange back to life include the Silicon Valley investment firm Proof Group, which was part of the Fahrenheit consortium that successfully bid for bankrupt cryptocurrency lender Celsius.
Sam Bankman-Fried Rebuffed Barry Silbert's and Celsius' Requests for Help, Ex-FTX CEO Testifies at His Trial
The crypto mogul served as a white knight for other struggling companies, though, before his empire fell, too.
How Crypto Bankruptcies are Playing Out in U.S. Courts
Bitcoin (BTC)'s recent rally hasn't seen these levels since last May, just before the crypto industry faced a series of crypto bankruptcies that included FTX, Voyager and Celsius. Brown Rudnick LLP partner Robert Stark, along with Vanderbilt Law School Professor and Associate Dean Yesha Yadav join CoinDesk's State of Crypto 2023 event in Washington, D.C. to discuss how crypto bankruptcies are playing out in U.S. courts.
FTX Bankruptcy Claims Market Is 'Extremely Active,' 117 Partners CEO Says
117 Partners CEO and founder Thomas Braziel compares the market activity for FTX's bankruptcy claims versus other bankrupt crypto exchanges, like Celsius and Voyager. "Every distressed firm and their brother wants to be involved in FTX versus the other dockets," Braziel said.
Celsius' Bankruptcy Nears End as Creditors Approve Reorganization Plan
Most of the classes in the bankruptcy claim voted by more than 98% in favor of the reorganization.
Fireblocks CEO on Non-Custodial Wallet Service Demand in Wake of FTX Collapse
A new non-custodial wallet-as-a-service is offering fintech and corporate clients from acting as custodians, in an effort to make it easier for end users to access DeFi and other Web3 apps. Fireblocks co-founder and CEO Michael Shaulov shares insights into the move. "On the back of what happened with FTX, Celsius, and other entities last year...we've seen a lot of demand from end users to get clarity on what is the control of their wallets," Shaulov said.
Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Mashinsky was arrested in July on allegations of misleading investors and manipulating the CEL token, after Celsius declared bankruptcy
Steve Kokinos, Creditors Named to Run Celsius 2.0
Executives from WeWork, Lehman Brothers and miner US Bitcoin will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee
Ex-Celsius CEO Mashinsky's Assets Ordered Frozen by Court as DOJ Case Continues
Corporate bank accounts and a Texas property are now untouchable after the former executive’s July arrest.