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Category Celsius bankruptcy

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two co...
Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amountin...
Celsius Network Moves $24M Ethereum to Coinbase, Recovery In View?

Celsius Network Moves $24M Ethereum to Coinbase, Recovery In View?

Celsius Network recently completed a substantial financial transaction, transferring 8,091 Ethereum tokens to Coinbase. Valued at approximately $24...
Celsius Fights To Reclaim $2 Billion Withdrawn Prior To Bankruptcy Declaration

Celsius Fights To Reclaim $2 Billion Withdrawn Prior To Bankruptcy Declaration

According to a Bloomberg report, Celsius Network, the crypto platform that filed for bankruptcy in July 2022, demands that major customers who coll...
Celsius Seeks $2B Clawback From Pre-Bankruptcy Withdrawers

Celsius Seeks $2B Clawback From Pre-Bankruptcy Withdrawers

The bankrupt cryptocurrency lending firm Celsius has initiated efforts to recover approximately $2 billion. A significant portion of the total amou...