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Former Celsius CEO Alex Mashinsky Pleads Guilty to Fraud
This means he admitted to tricking people or lying to them about his company.
His actions have caused a lot of trouble for investors and...
Celsius to Distribute $127M to Creditors
Soon, Celsius will begin its second round of payouts, distributing $127 million from its Litigation Recovery Account.
This money will go to people and...
Celsius Distributes $2.5B to 251,000 Creditors
This payment represents about 84% of the $3 billion owed to over 375,000 creditors.
It marks a substantial step in the company's efforts to resolve...
Tether to Fight Celsius’ $3.3 Billion Bitcoin Lawsuit
The conflict arises from Celsius' recent request to the U.S. Bankruptcy Court of the Southern District of New York.
They are demanding Tether return...
Celsius Exits Bankruptcy, Launches Creditor Payouts
This significant turnaround was achieved through the completion of transactions under its confirmed plan of reorganization. Marking the end of an 18-month-long journey through...
stETH/ETH De-peg and Its Effect on Celsius
Turmoil doesn't seem to slow down when there's a bear market ongoing. Even before the recent UST de-peg debacle settles, another asset - stETH...
Celsius Network – Game Over for CEL?
Celsius is all over crypto Twitter right now. Speculation is rampant. Depositors and investors have questions. A lot is going on. Was a CeFi...
Will Celsius Not Be Able to Honor Redemptions?
It appears that the Celsius network may have run into liquidity issues. They may be insolvent on their ETH position.
A Twitter thread by Mike...
B21 Crypto | Celsius – Collaborate to Launch Earn
World-renowned, mobile-first crypto asset management platform B21 Crypto has revealed the details of its strategic partnership with Celsius. The partnership is aimed at providing...
Celsius Network’s BTC Deposits Cross $380M
As a peer-to-peer (P2P) lending company facilitating borrowing and lending of cryptocurrencies, Celsius Network has come a long way. And in a recent press...
