Celsius Archives

P2P marketplace Paxful cites regulatory pressure as it suspends services

-

5 April, 2023

P2P marketplace Paxful cites regulatory pressure as it suspends services

Celsius bankruptcy and an ongoing legal dispute between Paxful's co-founders likely also played a part in the P2P marketplace shutdown.

Celsius bankruptcy judge authorizes discount sale of Bitmain coupons

Business

James Field

-

21 February, 2023

Celsius bankruptcy judge authorizes discount sale of Bitmain coupons

Following a ruling, Celsius debtors have been permitted to sell their Bitmain coupons, which offer mining rig buyers up to...

US gov’t, creditors oppose Celsius’ proposed restructuring extension

Business

Steve Kaaru

-

14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Business

Steven Stradbrooke

-

2 February, 2023

Celsius tosses scraps to victims, Alex Mashinsky thought himself infallible

Jenner & Block attorney Shoba Pillay, the bankruptcy court-appointed examiner of the collapsed Celsius crypto lending platform, released a 689-page...

‘Segregate customer assets,’ New York financial regulator warns

Business

Jordan Atkins

-

24 January, 2023

‘Segregate customer assets,’ New York financial regulator warns

Under the latest New York Department of Financial Services guidance, custodians are required to "separately account for and segregate customer...

Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact

Business

Steven Stradbrooke

-

16 January, 2023

Chainalysis ‘Crypto Crime Report’ details OFAC sanctions’ impact

Chainalysis says 2022’s estimates are further complicated by the year’s unprecedented carnage that followed the collapse of major crypto firms,...

Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius

Business

Jordan Atkins

-

6 January, 2023

Celsius founder sued by NYAG as judge rules customer deposits belong to Celsius

Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring...

Binance deal for Voyager assets: US federal, state agencies object

Business

Steven Stradbrooke

-

6 January, 2023

Binance deal for Voyager assets: US federal, state agencies object

The U.S. SEC objects to Binance's acquisition of digital asset lender Voyager over doubts that the exchange could complete the...

Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up

Business

Wahid Pessarlay

-

15 November, 2022

Celsius requests to extend submission of reorganization plan as bankruptcy proceedings heat up

Celsius said that the reorganization process was more complex than anticipated, requiring a tentative approach to achieve success.

Was Celsius a Ponzi scheme? Federal judge orders probe

Business

Gavin Lucas

-

4 November, 2022

Was Celsius a Ponzi scheme? Federal judge orders probe

A U.S. federal judge has ordered the examiner and the official committee of Celsius creditors to determine who would head...

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

Recent

Trending

Most Views