Early today, the bankrupt crypto firm, Celsius Network announced that it will file a motion later this week requesting an extension of the bar date from January 3, 2023, until...
A supposed former employee of the bankrupt crypto lender Celsius has divulged an implicating copy of the transaction histories of Celsius’ former CEO, Alex Mashinsky, dating back to 2018. Tiffany...
As the bankruptcy proceedings of the embattled crypto lender Celsius lingers, its running cost continues climbing high. According to a Bloomberg report, attorneys, advisors, and specialists of the bankrupt crypto...
The committee representing the interests of unsecured creditors in the bankruptcy case of the defunct crypto lender, Celsius, wanted to extend the bid dates to allow for more negotiations with...
Galaxy Digital will be acquiring Celsius Network’s GK8 business. The acquisition was made at $44.1 million. $44 million is 60% lower than what Celsius paid to buy GK8. According to...
A federal judge will decide whether Celsius owns customer cryptocurrencies. Celsius asked for permission to sell $18 million of crypto to cover operating expenses. Creditors claim unclarity in the terms...
Crypto lender Celsius wins approval on extension for its Exclusivity Periods till February 2023. The company is also seeking a motion to enable Stablecoin sales. Court approved Celsius’ request to...
European Central Bank’s finance head warned regulators against crypto asset providers. The ECB said crypto asset providers are “a huge consumer protection issue”. ECB chair called crypto asset providers “animals...
Celsius Network wants more time to work for its reorganization plan. The extension will also allow Celsius to address and resolve crucial legal issues. However, many users have accused the...
Celsius Network gets sued by the Vermont Department of Financial Regulation. The lawsuit alleges Celsius engaged in many activities that amount to fraud. The lead investigator for the bankruptcy probe...
Celsius’s US Trustee objects to retention bonus motion. The trustee claims Celsius must prove the bonuses are reasonable. The hearing for the proposal is set for November 1. A recent...
The crypto community complains about the legal expenses Celsius is incurring. Recent reports revealed that the bankrupt firm incurred over $3 million in legal fees. A committee of creditors appointed...
JPMorgan has appointed a new digital assets regulatory policy director, Aaron Lovine. Lovine worked for Celsius as head of policy and regulatory relations for eight months. Top executives of JPMorgan...
Examiner launches investigation into the Celsius network and its team. The price of CEL has fallen 4.57% over the last 24 hours. Investor and trader activity for CEL has become...
Chief Judge Martin Glenn claimed the court may refer to the UK’s “Digital Assets Consultation Paper”. Judge Glenn mentioned that there are no legal principles for crypto cases. The court...
A recent report hinted that a US federal court issued Celsius a formal summons. Additionally, the SEC, CFTC, and FTC filed inquiries about the company. Celsius states that it is...
Crypto Astrologer Maren Altman is criticized for not disclosing paid deal with Celsius. Reportedly, Altman received $30,000 from the collapsed crypto firm. Altman claims being sponsored isn’t something to hide....
A new tool was discovered to know the details of the losses after the Celsius debacle. The tool relies upon the document released by the blockchain company recently. Traders who...
Celsius Network exposed its customers’ data before a US court last week. If the data can potentially harm a person, it’s best they legally change their name. Avoiding centralized services...
The Celsius token has hit an intraday low dropping by 13.26%. CEL’s lawsuit and bankruptcy proceedings contribute heavily to the CEL token’s fluctuation. CEL’s top execs cashed out $42 million...
The top three executives of Celsius withdrew $56.12 million in crypto. The U.S. Trustee’s office recruited an examiner to review Celsius’ failure. Alex Mashinsky was accused of stealing $10m in...
Co-founder and chief strategy officer of Celsius, Daniel Leon resigns. Lior Koren the company’s global director to take over the position. Youtuber, Tiffany Fong hints about his resignation to Celsius....
CEL shows the potential to break the symmetrical triangle and surge more. The token trades below 200MA, and the RSI value is 50.63. CEL bearish prediction is $1.30174. Due to...
Celsius creditors subpoena Equities First. Celsius’ former CEO shared that Equities First owes Celsius $439 million. In related news, the price of CEL is trading at $1.45. Creditors of Celsius,...
Alex Mashinsky has decided to retire from his position as Celsius CEO. “I am very sorry about the difficult financial circumstances members of our community are facing,” said the leader....