Celsius (CEL)
Celsius Judge Will Decide Whether Lender Owns Customer Crypto
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…
Crypto Lender Celsius Wins Approval To Extend Exclusivity Periods Till 2023
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…
Crypto Asset Providers Are Animals: European Central Bank Chair
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…
Celsius Files Another Motion for an ‘Extended Exclusivity Period’
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…
Crypto Lender Celsius Is a ‘Ponzi Scheme,’ Lawsuit Alleges
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…
Celsius U.S. Trustee Objects to Firm’s Employee Bonus Motion
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…
Celsius is Wasting Money on Lawyers: Declares Crypto Community
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…
Former Celsius Executive Now Director of Asset Policy at JPMorgan
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…
CEL’s Price Drops 4+% As Examiner Launches CEL Investigation
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…
Chief Judge May Look To UK Consultation Paper for Celsius Case
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…
