Celsius Network Archives

Editorial

Kurt Wuckert Jr

-

13 October, 2022

KYC sucks

As a subset of Anti Money Laundering (AML) laws and regulations, Know Your Customer places a lot of burden on...

Celsius bankruptcy filing leaks tens of thousands of user details

Business

Gavin Lucas

-

10 October, 2022

Celsius bankruptcy filing leaks tens of thousands of user details

Twitter account Crypto Vinco reported that the latest paperwork filed by Celsius in its bankruptcy proceedings revealed the names, dates,...

Celsius co-founder Daniel Leon resigns amid revelations of $56M cash-out

Business

Steve Kaaru

-

6 October, 2022

Celsius co-founder Daniel Leon resigns amid revelations of $56M cash-out

Leon was the chief strategy officer and resigned a week after CEO Alex Mashinsky after it was revealed they cashed...

Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze

Business

Steven Stradbrooke

-

4 October, 2022

Celsius CEO Alex Mashinsky withdrew $10 million prior to account freeze

Another controversy hits Celsius Network following a media outlet's exposé claiming that chief Alex Mashinsky had withdrawn $10 million from...

US court appoints examiner in Celsius’ bankruptcy case amid brewing storms

Business

Wahid Pessarlay

-

3 October, 2022

US court appoints examiner in Celsius’ bankruptcy case amid brewing storms

The order appoints Shoba Pillay to provide the court with a detailed report of Celsius' financial dealings and the condition...

8 states file enforcement actions against digital asset lender Nexo

Business

Steve Kaaru

-

29 September, 2022

8 states file enforcement actions against digital asset lender Nexo

The states, among them California, Oklahoma, and New York, ordered Nexo to halt its interest-earning product, which they claim is...

US court approves appointment of examiner to uncover Celsius dealings

Business

Wahid Pessarlay

-

17 September, 2022

US court approves appointment of examiner to uncover Celsius dealings

Intense scrutiny awaits Celsius with the U.S. court's approval to hire an examiner to look into its dealings, which comes...

Celsius was a Ponzi scheme, Vermont watchdog says

Business

Steve Kaaru

-

13 September, 2022

Celsius was a Ponzi scheme, Vermont watchdog says

The Vermont securities regulator has filed a motion in support of appointing an independent examiner in which it tore into...

Celsius creditors support appointment of trustee in bankruptcy case

Business

Steve Kaaru

-

12 September, 2022

Celsius creditors support appointment of trustee in bankruptcy case

Attorneys for the bankrupt lender also revealed that they were in support of the trustee’s request to appoint of an...

Celsius wants to return $50M of customer funds, but there’s a catch

Business

Steve Kaaru

-

5 September, 2022

Celsius wants to return $50M of customer funds, but there’s a catch

Celsius wants to only return funds to customers who hold assets in Custody and Withhold accounts, leaving out anyone who...

Celsius countersues ex-manager who called lender a ‘Ponzi scheme’

Business

Steve Kaaru

-

26 August, 2022

Celsius countersues ex-manager who called lender a ‘Ponzi scheme’

KeyFi founder Jason Stone, who managed billions for Celsius, sued the lender over reckless risking of customer funds, but Celsius...

Celsius trustee wants independent examiner to probe ‘gross mismanagement’

Business

Steve Kaaru

-

24 August, 2022

Celsius trustee wants independent examiner to probe ‘gross mismanagement’

Offering unregistered securities, failing to hedge against volatility, and making risky investments bear the hallmarks of incompetence, the gov’t trustee...

Celsius Network

Recent

Trending

Most Views