2023-2-1 19:39 |
Celsius was pushing up the price of its CEL token by using customer funds, a new report has found. Even employees commented on how ponzi-like the scheme appeared. A Ponzi... origin »
Bitcoin price in Telegram @btc_price_every_hour
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Investigation into Celsius operation found that customer and investor funds were used to prop up CEL price The report also found that the crypto lending platform was insolvent since its incepThe post Celsius inflated CEL price while former CEO dumped tokens appeared first on AMBCrypto.
2023-2-1 20:59 | |
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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.
2023-2-1 20:49 | |
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Celsius Network poorly mismanaged its assets and deliberately misled its users, according to a recent report from a court-appointed examiner. The post Court Examiner Lambastes Celsius and Mashinksy Over Business Practices appeared first on BeInCrypto.
2023-2-1 20:30 | |
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Bankrupt crypto lender Celsius could soon restructure and issue a cryptocurrency token to compensate users, according to a report from Bloomberg on January 24. The post Celsius may restructure and issue new token appeared first on CryptoSlate.
2023-1-25 05:00 | |
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It was suggested that the token could be part of a reorganization that would turn Celsius into a publicly traded, U.S.-regulated company.
2023-1-25 00:30 | |
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The crypto market is currently undergoing a series of unfortunate events. From the crash of stablecoin Terra to the fall of Celsius, it has been a gloomy year for crypto investors. More recently, the capitulation of the Bankman-Fried-led popular exchange FTX has further amplified this negative trend.
2022-12-7 01:37 | |
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A new report by the examiner of the bankrupt crypto lender, Celsius Network, details shortfalls in controls and operations at two of the company’s product offerings related to digital assets it held in custody for customers, raising issues of whether…
2022-11-21 00:04 | |
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According to a recent report, crypto lending company (Celsius) might have relief as the USDC court series motions were rejected, more than $53 million were found from insider conducted withdrawals, and the Ethereum APR rates increased, due to which Celsius…
2022-10-27 23:00 | |
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JPMorgan has appointed Aaron Iovine as its head of crypto regulatory policy, a newly created role, according to a Bloomberg report on Wednesday.
2022-10-19 13:34 | |
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Celsius investors lost millions of dollars according to a new report. Jacob Benjamin Fite topped the list, losing $40 million.
2022-10-11 16:00 | |
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The report’s findings may affect the court’s decisions about custodial accounts and preference claims.
2022-10-8 22:36 | |
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Crypto lender Celsius's co-founder and CSO S. Daniel Leon resigned Tuesday, becoming the second company executive to depart in recent weeks.
2022-10-5 22:44 | |
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Celsius Network (CEL/USD) founder Alex Mashinsky, who recently resigned as the bankrupt crypto lender’s CEO, withdrew $10 million from the firm’s accounts just weeks before it announced a halt to all customer withdrawals, according to a Financial Times report.
2022-10-4 17:30 | |
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The vast majority of the sum was used for covering taxes, according to a report by the Financial Times
2022-10-3 09:06 | |
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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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Mashinsky resigned as CEO last Tuesday; the company filed for chapter 11 bankruptcy protection in mid July.
2022-10-4 02:21 | |
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After complaints from the U.S. Trustee, Celsius Network has finally filed an operating report showing a detailed breakdown of the revenues and expenses of business entities with a substantial or controlling interest. Delays in Filing Report Show a Lack of…
2022-9-23 19:00 | |
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Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July.
2022-9-14 00:15 | |
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Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report.
2022-9-14 19:57 | |
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Majority of the DeFi tokens traded in red with several registering double digit losses over the past week.
2022-8-22 23:00 | |
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Celsius Network CEO Alex Mashinsky took over the crypto lender's trading strategy operations in January, months before the platform filed for bankruptcy, reported the Financial Times. The post Celsius Network CEO Ran Trading Desk for Months, Report Reveals appeared first on BeInCrypto.
2022-8-17 22:45 | |
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One person familiar with events at Celsius reportedly said CEO Alex Mashinsky was “slugging around huge chunks of Bitcoin” and ordering trades based on bad information.
2022-8-17 22:30 | |
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The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
2022-8-15 16:47 | |
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Reuters reported that Ripple Labs could potentially buy assets of the defunct cryptocurrency lender Celsius Network, citing a company representative. The post Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know appeared first on BeInCrypto.
2022-8-11 06:30 | |
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Per a report from news outlet Reuters, payment company Ripple is exploring the possibility of acquiring the assets of bankrupt crypto lender Celsius Network. The purchase might materialize via Ripple Labs, according to a company spokesperson.
2022-8-11 23:50 | |
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Key XRP backer Ripple Labs says it is interested in purchasing the assets of bankrupt crypto lender Celsius Network.
2022-8-11 19:12 | |
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Canada's provincial securities regulators are investigating how Celsius' implosion is impacting investors in North America.
2022-8-9 20:31 | |
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Celsius is owed $439 million from a single counterparty, EquitiesFirst, which has been paying off its debt by $5 million each month. Celsius involuntarily became EquitiesFirsts creditor when the investment...
2022-7-16 20:35 | |
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Troubled crypto lending firm Celsius is owed $439 million by Indianapolis-based private lending platform EquitiesFirst.
2022-7-15 16:44 | |
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Crtypo lender's lawyers are notifying state regulators, source tells CNBC.
2022-7-14 02:34 | |
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Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
2022-7-4 12:16 | |
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FTX has walked away from a deal to acquire Celsius after reviewing its balance sheet and finding a “$2 billion hole,” according to a June 30 report by The Block. The post FTX discarded Celsius deal after reportedly finding $2B missing from its balance sheet appeared first on CryptoSlate.
2022-7-1 20:51 | |
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Cryptocurrency exchange FTX passed on a deal to purchase beleaguered crypto lender Celsius after examining the sorry state of its finances.
2022-7-1 17:23 | |
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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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Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.
The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang.
Ruja Ignatova, who is notoriously known as the “Cryptoqueen,” has evaded capture for five years and authorities are still clueless as to the whereabouts of the woman behind the infamous OneCoin Ponzi scheme.
Ruja Ignatova has been added to the FBIs Ten Most Wanted List for allegedly scamming investors out of $4 billion through OneCoin. Wanted for $4 Billion Scam The hunt for...
Paxos, a stablecoin with a market cap around a quarter of a billion dollars, is under siege by transactions relating to the alleged Ponzi scheme called MMM BSC. Crypto Briefing... The post An Alleged Ponzi Scheme Makes up 40% of Paxos’ Stablecoin Activity appeared first on Crypto Briefing.
The time is ripe for another round of scams and shady schemes, as the coronavirus panic is used to extort potential Bitcoin buyers. Beware of scammy schemes or shady exchanges. Scammers May Seek Naive Bitcoin Investors at Times of Panic Scammers may be hunting for naive Bitcoin investors during times of panic.