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Celsius
Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal
The plan, filed on Thursday, could face legal opposition from borrowers.

Crypto Payment Processor Banq Files for Bankruptcy
Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

Private-Equity Giant Apollo is Part of Bid to Buy Bankrupt Crypto Firm Celsius
Apollo Global Management, the distressed-investing specialist that oversees more than half a trillion dollars of assets, is participating in a bid to acquire stricken cryptocurrency lender Celsius, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and what this means for the fate of Celsius.

Celsius Founder Mashinsky Rejects ‘Baseless’ Fraud Claims From New York State
Fraud claims against Alex Mashinsky are ‘baseless,’ and based on online misinformation, the Celsius co-founder and former CEO said in response to a lawsuit brought by New York State. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest in crypto regulation.

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State
N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

Bankrupt Crypto Lender Celsius Seeks to Merge UK and U.S. Entities
Celsius is seeking to mingle its U.K. and U.S. entities as court filings allege the distinction between them was a “sham.” CoinDesk’s regulatory reporter Jack Schickler discusses the pressure faced by the bankrupt crypto lender in different jurisdictions.
