CEL / USDT Bitfinex🗗
The legal team requested the court appoint a committee representing certain shareholders or the case could end up "inappropriately and inequitably skewed in favor of the customers."
Sept 23, 2022 16:30
Celsius shareholders have requested an official legal representation that would represent their interest in the bankruptcy proceedings, according to a September 22 court filing. The post Celsius...
Sept 23, 2022 14:15
Celsius, a bankruptcy ridden digital asset lending company is dealing with legal trouble amid the crypto downturn. However, its shareholders have now filed a motion to set up a committee in order...
Sept 23, 2022 12:09
Washington State Department of Financial Institutions is the new interested party in the latest chapter of Celsius' ongoing liquidity crisis.
Sept 23, 2022 07:49
Market makers are the backbone of every crypto exchange, ICO, DApp and many token listings, which is exactly why investors shouldn’t shrug off Wintermute’s hack.
Sept 21, 2022 15:19
Celsius (CEL) has been on the headlines recently in line with hearing updates following its filing of bankruptcy and sale of stablecoins. CEL price spikes 30% as seen in the past 24 hours Price...
Sept 17, 2022 09:56
Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Sept 9. to Sept 16. The post Terra, Celsius, Ravencoin, Kyber Network and Compound...
Sept 16, 2022 13:00
The resources freed up by this motion would be used to ensure the platform stays afloat.
Sept 16, 2022 07:23
A new coin report shows that Celsius Network has over $2 billion in liabilities in various coins. Bitcoin (BTC) and Ethereum (ETH) make up the majority of the liabilities. The post Celsius Owes...
Sept 16, 2022 07:00
A creditors’ committee represented by a law firm is already investigating the company and its officials, including CEO Alex Mashinsky.
Sept 15, 2022 19:31
Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case.
Sept 15, 2022 05:58
The saga that has been Celsius’ downfall this year has been well documented. CEO Alex Mashinsky has been a focal point of crypto critics after his engagement in ‘taking over‘...
Sept 14, 2022 04:57
Celsius: Under the new plan, the lender would pivot to storing customers’ crypto in a special wallet and levying charges for transactions. The post Celsius CEO Floats Daring Plan to Resurrect the...
Sept 13, 2022 22:04
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.
Sept 13, 2022 21:15
The Celsiusopoly board game is priced at $99, with the U.S.-based e-commerce company offering free shipping to U.S. residents.
Sept 9, 2022 05:33
Celsius is yet again being grilled by regulators wary of potential misconduct.
Sept 8, 2022 11:39
The Vermont state regulator has submitted a filing to the bankruptcy court, showing support for an independent examiner. The filing says that Celsius had not been transparent regarding its...
Sept 8, 2022 04:52
According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency.
Sept 7, 2022 21:53
If approved, the $50 million withdrawal will only be available to customers with digital assets in Custody and Withhold accounts.
Sept 3, 2022 17:45
Celsius announced that users could cumulatively withdraw up to $50 million from all the locked accounts. These funds are for users who own Celsius Custody Program and Withhold Accounts. This latest...
Sept 3, 2022 11:46
The CEL price rally could fizzle out due to prevailing Celsius issues, including its bankruptcy.
Sept 2, 2022 10:42
Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Aug 26 to Sept 2. The post Polygon (MATIC) Breaks out From Six-Month Resistance –...
Sept 2, 2022 10:30
Despite the choppy price action, Bitcoin managed to remain above $20K, while a lot of the altcoins are charting slight gains.
Sept 2, 2022 08:43
Aon Refuses to Confirm or Deny its Involvement in the Billion Dollar Securities Offering Dublin: Between June 5, 2022 and July 8, 2022 bankrupt crypto lender, Celsius Network, added a banner to its...
Sept 2, 2022 06:43
Embattled crypto lender Celsius Network told a New York bankruptcy court that it will pay back about 22% of funds to customers whose assets are valued at $48M. The post Celsius Network to Return...
Sept 2, 2022 04:32
Celsius has motioned for $50 million worth of the total $225 million held in the Custody Program and Withhold Accounts to be released to owners.
Sept 2, 2022 02:52
Celsius Network has announced that it will be returning roughly $48 million back to customers in a recent court filing. The post Celsius Network to Return Only 22% of Customer Funds appeared first...
Sept 1, 2022 20:10
Bankruptcy ridden crypto company Celsius had on Thursday filed a motion seeking to reopen customer withdrawals. The motion sought entry of an order authorizing the debtors to reopen withdrawals for...
Sept 1, 2022 14:13
Celsius' native token has plummeted hard in the past 24 hours, while bitcoin was stopped at $22K.
Aug 26, 2022 08:49
Celsius is suing custody provider Prime Trust for failing to hand over $17 million in various crypto assets including BTC, CEL, ETH, and USDC. The post Celsius Sues Custody Provider Prime Trust,...
Aug 24, 2022 08:30
Under accusations of fraud and mismanagement of funds by KeyFi, Celsius responds with a lawsuit of its own.
Aug 24, 2022 06:31
Celsius Network served its former Investment manager, Jason Stone and KeyFi Inc., with a suit claiming he took advantage of his position to steal assets worth millions of dollars for personal...
Aug 24, 2022 05:15
"Prime Trust was obligated under the Bankruptcy Code to deliver all property belonging to Celsius [...] including these remaining crypto assets," said Celsius' legal team.
Aug 23, 2022 19:45
Instead of operating in darkness, more players in the financial industry should move their transactions to the blockchain, where every move is public.
Aug 23, 2022 17:01
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
Aug 22, 2022 20:35
Celsius' Chief Financial Officer has said that the embattled lender has sufficient cash to make it to the end of the year. The post Celsius CFO Says Company’s Cash Flow Will See It Through...
Aug 21, 2022 12:00
Be[in]Crypto takes a look at the five cryptocurrencies that increased the most last week, more specifically, from Aug 12 to 19. The post Chiliz (CHZ) Breaks Out From Long-Term Resistance: Biggest...
Aug 19, 2022 09:00
The United States Trustee Office has asked for an independent probe of Celsius in the bankruptcy case to ensure transparency of Celsius’ finances and operations. The post Celsius Bankruptcy Case...
Aug 19, 2022 06:00
The struggling crypto lender has pushed the Canadian pension fund into questioning whether entering the market was the right decision.
Aug 18, 2022 06:12
A major Canadian pension fund manager has written off a $150M investment in crypto lending platform Celsius Network as a total loss, expecting an impending shutter of the once high-flying CeFi...
Aug 18, 2022 00:53
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond.
Aug 17, 2022 20:00
Celsius creditors are having a tough time especially after the company filed for Chapter 11 bankruptcy last month. On Monday, Celsius network forecasted that it would see a staggering shortfall of...
Aug 17, 2022 17:06
Concerns regarding expenses continue despite the approval.
Aug 17, 2022 10:21
Celsius network has received offers of fresh cash to help it fund a potential restructuring process, a lawyer for the company said. The post Celsius Considers Fresh Financing Offers to Escape...
Aug 17, 2022 09:30
The platform is in a worse financial position than previously expected.
Aug 16, 2022 21:38
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.
Aug 16, 2022 19:30
Crypto intelligence platform Messari in a new report about decentralized finance (DeFi) protocol Aave, delves into details about the firm’s revenue and utilization in Q1 and Q2 of this year....
Aug 16, 2022 14:27
Celsius Network has been heading down a slippery slope since it filed for bankruptcy in July.
Aug 16, 2022 10:07
Brussels:  Between June 5, 2022 and July 8, 2022 fallen crypto banking giant, Celsius Network, added a claim to its homepage touting the existence of $750 million insurance for its assets. On...
Aug 16, 2022 07:38
Zipmex has been granted three months' creditor protection by the court of Singapore. This will give the exchange time to consult with regulators and develop a strategy to address the exposure of...
Aug 15, 2022 13:00
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