Celsius Archives

Tether sued for $3.5 billion for liquidating Celsius loan collateral

Business

Steven Stradbrooke

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13 August, 2024

Tether sued for $3.5 billion for liquidating Celsius loan collateral

The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...

What do Celsius Network, Paxful, Tether and Northern Data have in common?

Business

Steven Stradbrooke

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10 July, 2024

What do Celsius Network, Paxful, Tether and Northern Data have in common?

One of Celsius's bankruptcy casualties involved the Paxful digital wallet, and several months after Celsius blew up, Tether made a...

Zumo selects seasoned head of sales to spearhead its growth

Press Releases

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21 February, 2024

Zumo selects seasoned head of sales to spearhead its growth

Jason Tucker-Feltham is an experienced digital currency sales, business development, and capital introduction professional, and before joining Zumo, he worked...

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

Business

Steven Stradbrooke

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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...

US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023

Business

Steven Stradbrooke

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16 November, 2023

US securities, commodities regulators took the fight to ‘crypto’ crooks in 2023

U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals...

Celsius bankruptcy plan approved in New York

Business

Jordan Atkins

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13 November, 2023

Celsius bankruptcy plan approved in New York

The New York Bankruptcy Court has cleared Celsius' restructuring plan, unlocking around $2 billion worth of digital assets to be...

Alex Mashinsky trial set for September 2024 as Celsius proposes customer refunds by year-end

Business

Steve Kaaru

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5 October, 2023

Alex Mashinsky trial set for September 2024 as Celsius proposes customer refunds by year-end

Lawyers of Alex Mashinsky hinted they would argue digital assets are not securities amid a proposed plan to revive Celsius...

Celsius creditors approve restructuring, but SEC balks at Coinbase’s role

Business

Steven Stradbrooke

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27 September, 2023

Celsius creditors approve restructuring, but SEC balks at Coinbase’s role

The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in...

Former Celsius exec strikes deal, agrees to testify against CEO Alex Mashinsky

Business

Steven Stradbrooke

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19 September, 2023

Former Celsius exec strikes deal, agrees to testify against CEO Alex Mashinsky

Roni Cohen-Pavon has entered a plea of guilty to charges of securities fraud, wire fraud, manipulation of security prices and...

Celsius ex-CEO Alex Mashinsky’s home, assets frozen amid ongoing legal battles

Business

James Field

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8 September, 2023

Celsius ex-CEO Alex Mashinsky’s home, assets frozen amid ongoing legal battles

A U.S. District Court has ordered Celsius CEO Alex Mashinsky's assets to be "restrained" as he deals with multiple criminal...

Celsius Network victims could see funds before end of 2023: WSJ

Business

Gavin Lucas

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25 July, 2023

Celsius Network victims could see funds before end of 2023: WSJ

Approval for the settlements will see court on August 10, paving the way for 30K claims worth $78 billion to...

CFTC concludes that Celsius and former CEO broke US rules

Business

James Field

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7 July, 2023

CFTC concludes that Celsius and former CEO broke US rules

A report appeared on July 5 claiming investigators at the CFTC have concluded that bankrupt digital asset lender Celsius Network...

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