2023-2-1 20:49 |
The court-appointed independent examiner in the bankruptcy case of crypto lender Celsius has filed a final report, confirming the company's operation as a Ponzi scheme.
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The objection is seeking a deferral on Celsius motions until the independent examiner report on the company is filed over the next couple of months.
2022-10-3 05:37 | |
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Crypto lending platform Celsius (CEL) was riskier for users than traditional banks, according to a report by The Wall Street Journal based on investor documents. The post Celsius carried more risk than traditional banks, investor documents show appeared first on CryptoSlate.
2022-6-30 23:30 | |
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The source of the current market volatility and liquidity issues with companies such as Celsius and Three Arrows Capital could be directly linked to staked Ethereum (ETH) on Lido, according to a June 29 report by analysis firm Nansen on the impact of the stETH/ETH depeg on the crypto industry.
2022-6-30 23:02 | |
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The report from the blockchain analytics firm also explains how Celsius and Three Arrows Capital helped foment their own declines.
2022-6-30 22:58 | |
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Contrary to Celsius CEO Alex Mashinskys claims that Celsius was not taking a tremendous risk, a new report from The Wall Street Journal claims that the crypto lender had more...
2022-6-30 18:13 | |
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Goldman Sachs is reportedly ready to pounce onto the assets of beleaguered crypto lender Celsius Network, CoinDesk reported on Friday citing sources familiar with the development. Per the report, the banking giant is eyeing $2 billion in funding from investors for a potential purchase of the Celsius assets should it file for bankruptcy.
2022-6-25 00:25 | |
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Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take.
2022-6-25 00:20 | |
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The fate of roughly $8 billion worth of deposits remains unknown, with Celsius seemingly being on the cusp of a bankruptcy
2022-6-25 21:24 | |
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Regulatory scrutiny on Celsius Network, a leading crypto lender in the market that’s hit… The post Spotlight on Celsius as Texas securities regulator opens investigation: Report appeared first on CoinJournal.
2022-6-16 21:49 | |
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Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.
2022-6-17 21:30 | |
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The crypto lender was notorious for promoting risk-free yields on client assets, the report said.
2022-6-16 13:16 | |
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Washington is keenly watching the crypto sector in the wake of crypto lender Celsius… The post Celsius’ crypto woes are being watched by Washington: report appeared first on CoinJournal.
2022-6-15 21:32 | |
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Celsius Network is feeling the heat following allegations that suggest all is not well at the lending and borrowing platform. The post Trouble at Celsius Network? Users report difficulties withdrawing funds appeared first on CryptoSlate.
2022-6-2 20:00 | |
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Bloomberg says Tether has invested billions of dollars of its reserves in Chinese commercial paper and loaned $1 billion to crypto lender Celsius Network with Bitcoin as collateral. The post Tether Slams Bloomberg’s Investigative Report as Pre-Packaged with A Pre-Determined Narrative first appeared on BitcoinExchangeGuide.
2021-10-7 18:47 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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Bitcoin Core developer Peter Todd joined the backlash against a “fake news” report about Bitcoin’s impact on global warming October 29. This occurred after multiple appearances in mainstream media publications.
2018-10-30 10:45 | |
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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.