2023-2-17 20:20 |
Former Celsius executives (and their wives) are now facing a lawsuit from their creditors. Losing More Than $1 Billion in a Year The walls are closing in on Alex Mashinsky....
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The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”
2023-2-15 07:07 | |
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The data of thousands of Celsius customers revealed in court also included its executives showing millions withdrawn from the platform in the weeks before it was suspended to the public.
2022-10-8 09:16 | |
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The latest court filings in the Celsius bankruptcy case have uncovered some controversial transactions made by the defunct crypto lender’s top brass. Barely days after news of former CEO Alex MasThe post Top Celsius executives withdrew millions before pausing withdrawals appeared first on AMBCrypto.
2022-10-7 01:00 | |
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Celsius bosses withdrew $30 million worth of Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies before the company imploded
2022-10-7 22:05 | |
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FTX.US President Brett Harrison and Celsius CEO Alex Mashinsky both resigned yesterday, following departures from a list of other top crypto executives. They follow Genesis CEO Michael Moro, Microstrategy CEO...
2022-9-28 15:53 | |
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Celsius executives believe the company can undertake a redemption arc by rebranding to a custodial services provider. Mashinskys Grand Idea Celsius is plotting a comeback that nobody asked for. According...
2022-9-14 23:40 | |
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Celsius executives believe the company can undertake a redemption arc by rebranding to a custodial services provider. Mashinskys Grand Idea Celsius is plotting a comeback that nobody asked for. According...
2022-9-14 23:40 | |
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Celsius seeks a $2 billion return from users who withdrew funds within 90 days before its bankruptcy, aiming for fair creditor treatment.
Hut 8 says it will manage mining operations for MiningCo at five sites under a four-year contract. The digital asset miner will oversee 122,000 miners with 12 EH/s of computing capacity and over 300 MW of energy.
Bankrupt crypto lender Celsius has opened withdrawals for eligible custody users starting Nov. 29, according to a statement on its official handle on social media platform X (formerly Twitter). A Nov.
“The return comes from hash rate, not from pixie dust, Ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
Key takeaways Celsius is seeking court approval to start repaying customers in the coming weeks. The company will repay its creditors using Bitcoin and Ethereum and stock in the new company.
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing.
Bankrupt crypto lender Celsius has proposed the appointment of Algorand’s blockchain former chief executive officer Steven Kokinos as the CEO of the new company that will take over its operations, according to court filings.