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Celsius network
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Celsius Network
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CryptoCurrency
Celsius’ Ex-CEO Seeks Testimony of Former Top Staff in Criminal Trial
2024-09-17T12:33:03.970+02:00
The trial of Alex Mashinsky is scheduled to commence today (Tuesday).
He is seeking approval for testimony from six witnesses, including Celsius' former CFO and CRO.
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CryptoCurrency
Celsius Comes out of Bankruptcy: Creditors Will Receive over $3 Billion
2024-02-01T07:13:35.709+02:00
PayPal and Coinbase will distribute proceeds to the creditors.
The restructuring plan includes the formation of a new Bitcoin mining company.
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CryptoCurrency
Celsius Network Obtains US Bankruptcy Court Approval for Restructuring
2023-11-10T22:20:41.487+02:00
The reorganized business plans to focus on mining Bitcoin and earning staking fees.
Celsius' customers will receive $2 billion in cryptocurrency.
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CryptoCurrency
Former Algorand CEO Steve Kokinos Appointed CEO of Firm Acquiring Celsius
2023-09-11T21:14:47.137+02:00
The crypto lender’s board includes executives from WeWork, Lehman Brothers, and USBTC.
Celsius' creditors are voting on a potential revival of the lender until September 2022.
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CryptoCurrency
Former Celsius CEO Alex Mashinsky’s Assets Frozen amid Ongoing Legal Battle
2023-09-06T22:13:22.507+02:00
Mashinsky is facing securities fraud charges involving the collapse of Celsius.
The former executive has pleaded not guilty and is out on a $40 million bail.
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CryptoCurrency
Celsius’ Founder Alex Mashinsky Pleads Not Guilty, Bail Set at $40M
2023-07-14T16:49:44.522+02:00
Mashinsky is facing fraud charges from the DOJ, SEC, CFTC and FTC.
Celsius filed for bankruptcy in July 2022, citing market volatility.
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Solomon Oladipupo
CryptoCurrency
Celsius Hit with Multiple Lawsuits as Founder Alex Mashinksy Is Arrested
2023-07-13T19:30:58.668+02:00
DOJ, SEC, CFTC and FTC filed complaints against Mashinkshy and the Celsius Network.
Celsius filed for bankruptcy in July 2022, citing market volatility.
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Solomon Oladipupo
CryptoCurrency
Crypto Lender Celsius Selects Fahrenheit’s Bid for Bankruptcy Exit
2023-05-25T16:05:53.322+02:00
Celsius also signed a backup deal with crypto investor BRIC.
Customers are to get 'hundreds of millions of dollars' in crypto.
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Solomon Oladipupo
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CryptoCurrency
New York Charges Celsius Network's Co-Founder Alex Mashinksy with Fraud
2023-01-06T15:00:21.706+02:00
The New York Attorney General said Mashinsky left many investors in "financial ruin."
Celsius Network filed for bankruptcy in July last year.
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Solomon Oladipupo
News
Celsius Network Reportedly Faces US Federal Investigation
2022-10-19T08:54:50.019+02:00
It is facing the investigation of several other US state regulators.
The company filed for bankruptcy earlier in July.
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Arnab Shome
CryptoCurrency
Former Celsius Executive Said CLE Price Was Manipulated
2022-07-21T08:50:50.800+02:00
Timothy Cradle said he overheard senior executives discuss CLE deliberate price movements.
Celsius is planning to mine their way out of debt, seeking $5 million approval from court.
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Matti Williamson
News
Crypto Lender Celsius Files for Bankruptcy in New York
2022-07-14T07:24:26.855+02:00
The company has $167 million in cash on hand.
It will resolve customers’ claims under bankruptcy proceedings.
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Arnab Shome
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News
Vermont Regulator Says Crypto Lender Celsius Is ‘Deeply Insolvent’
2022-07-13T09:30:34.652+02:00
The platform suspended withdrawals on June 12.
It also hired restructuring experts.
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Arnab Shome
Executives
Crypto Lending Firm Celsius Appoints Rod Bolger as Chief Financial Officer
2022-02-23T10:10:09.974+02:00
Rod Bolger replaces Yaron Shalem, the former Celsius CFO.
The appointment comes as Celsius focuses on strengthening its leadership team.
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Nicholas Otieno
Executives
Celsius Network Hires Traditional Finance Execs Aslihan Denizkurdu & Frank Van Etten
2022-01-14T21:52:21.300+02:00
Celsius Network hires Veteran Wall Street executives.
The crypto loan firm wants to bolster its financial ties.
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Nicholas Otieno
News
Celsius Suspends CFO after His Arrest in Israel
2021-11-29T07:30:00.000+02:00
The company confirmed that no assets were misplaced or mishandled.
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Bilal Jafar
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News
Celsius Network Reaches $17m Funding with BnkToTheFuture
2020-07-16T08:10:03.000+02:00
More than 700 qualified investors have participated in its funding round since June.
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Celeste Skinner
News
Celsius Adds Tether Gold with 4% Interest on Custody
2020-05-28T16:00:34.000+02:00
This came as the platform is planning to offer loans with gold as collateral.
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Arnab Shome
News
Alex Mashinsky on Bringing the ‘Next 100 Million People’ into Crypto
2020-05-19T14:29:59.000+02:00
The founder and CEO of Celsius speaks on the quest to bring new people into crypto.
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Rachel McIntosh
News
Celsius, Chainlink Enter into a ‘Long-Term Partnership’
2020-03-30T15:04:11.000+02:00
Both platforms will utilize each other's services to boost their offerings.
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News
Celsius Now Offers 12 Percent Annual Interest on Tether Deposits
2019-10-23T11:33:55.000+02:00
The platform now supports 19 digital currency.
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Thought Leaders
Staking is the Preferred Way for Hodlers to Profit Even in Bear Markets
2019-09-03T10:51:17.000+02:00
The value proposition of Proof of stake is extending beyond mining into trading and investments.
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Finance Magnates Staff
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