Celsius (CEL)
Celsius’s New CEO Aims for Stability and Boring Culture to Revive Bankrupt Company
Celsius's interim CEO has introduced a new strategy that focuses on stability and "boringness" to navigate through bankruptcy. Ferraro aims to transform the “unoptimized” work…
Celsius Price: Is It Too Late to Sell as CEL Continues to Fall?
Celsius faces more challenges as the project’s hopefuls anticipate restructuring. CEL, the native token of Celsius, is feeling the impact of the unending challenges. Investors…
Celsius’ Former Chief Revenue Officer Pleads Guilty to Crypto Fraud
Roni Cohen-Pavon has pleaded guilty to criminal charges related to market manipulation and fraud involving CEL tokens. Cohen-Pavon has agreed to cooperate with the U.S.…
Celsius to Retrieve Customers’ Withdrawn Crypto Assets
Celsius will be pursuing retail clawbacks from their customers who withdrew their assets before the bankruptcy date. Clawbacks could cause severe damage to centralized exchanges,…
Leaked WhatsApp Chats Show Celsius Gambled $8M Weekly to Sustain CEL
According to reports, the founders spent over $8 million weekly to sustain CEL's value. WhatsApp messages expose Celsius Network founders artificially inflating CEL token price.…
Celsius Unveils Repayment Plan for Customers Following Court Approval
Celsius unveils repayment plan for customers with claims following recent bankruptcy plans. Customers with existing loans will have their debt removed from their collateral. Customers…
Celsius To Invest $50 Million To Pursue Litigation For Pending Disputes
The Celsius Network is set to invest $50 million to form a Litigation Oversight Committee. The committee will pursue pending causes of action against parties…
Celsius App to Shut Down, Firm Identifies PayPal for BTC Distribution
Celsius is shutting down its app within 90 days. The company plans to provide creditors with significant recoveries in Bitcoin. The projected distribution amount is…
Celsius Network Set to Reimburse Customers and End Bankruptcy
Celsius Network is about to secure settlements to end bankruptcy. The Network has struck two settlements that would allow the recovery of customers’ property. Judge…
Crypto Influencer Hopes To Rebuild Celsius After Founder’s Arrest
Crypto influencer Simon Dixon is encouraging people to look forward to the next chapter of the Celsius Network. Dixon hopes that the arrest of founder…
