Cryptocoins News / The Cointelegraph - 7 months ago
The former Celsius CEO is currently out on bail facing multiple charges of criminal fraud and market manipulation from various U.S. regulatory agencies. Alex Mashinsky...
Cryptocoins News / Finance Magnates - 7 months ago
In a significant development involving Celsius, Steve
Kokinos, the former CEO of Algorand, is poised to take the reins of the crypto
lender in the aftermath of its bankruptcy. This development was disclosed in a
filing made on Friday before the US Ba...
by COINS NEWS - 7 months ago
-----------******-------------- **Disclaimer:** This looks like financial advice, doesn’t it? You look at it from the right, it looks like I am pushing you to do what is written in the article. If you put your head down and think, you may be co...
by COINS NEWS - 7 months ago
Alex wanted to buy some CEL and announces he did so investor confidence remained high, by before he did he asked the legal team. They said sure you can do that as you don't have inside information. They then proceed to discuss 3 potential partner...
Cryptocoins News / The Cointelegraph - 7 months ago
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto....
Cryptocoins News / Finance Magnates - 7 months ago
The assets of the former CEO of Celsius, Alex Mashinsky have been frozen by the court as he faces mounting legal battles related to the
collapse of the crypto lending platform. This development follows his arrest in July and subsequent release on a U...
Cryptocoins News / CoinJournal - 7 months ago
At the time of writing, Celsius was trading at $0.1439, up 13.87% in a day.
The former Celsius CEO, Alex Mashinsk, was arrested on July 13 this year.
Alex Mashinsk is facing criminal and civil charges for his involvement in the now-defunct platform....
Cryptocoins News / CoinJournal - 8 months ago
USBTC to host 8,500 miners belonging to Celsius at its Alpha Site.
Hashrate of these machines is estimated to be 820 petahash (PH).
Us Bitcoin Corp expects to be managing over 310,000 miners in total.
US Bitcoin Corp is in focus today after the min...
Bitcoin News / Bitcoin.com - 8 months ago
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this...
Bitcoin News / Bitcoinist - 8 months ago
It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so far. However, there may finally be an end in sight for users who have their funds stuck on the platform...
Cryptocoins News / The Cointelegraph - 8 months ago
The judge also declined to declare the CEL token “not a security,” despite related rulings in the SEC v. Ripple case. Judge Martin Glenn shot down efforts to have a s...
Bitcoin News / Bitcoinist - 8 months ago
Amid the Celsius bankruptcy, permission has been granted to the company by a US bankruptcy judge to consider creditor approval for its bankruptcy plan. Creditors are to vote on Celsius’s plans to sell assets to the Fahrenheit consortium after a judge...
Cryptocoins News / Blockchain - 8 months ago
Celsius Network's Disclosure Statement approved by NY Bankruptcy Court. Fahrenheit, LLC selected as winning bidder in May 2023 auction. Voting on Chapter 11 Plan set for Sep 22, 2023. (Read More)
Bitcoin News / Bitcoinist - 8 months ago
Celsius Network, the bankrupt cryptocurrency lender, has received court approval for its restructuring plan as it works to emerge from bankruptcy. The plan, which allows Celsius to restructure its debts and continue operating, received a United State...
Cryptocoins News / The Cointelegraph - 8 months ago
The settlement was reached in July and, if the customers agree, it will go before the court for approval in October. Bankrupt crypto lender Celsius can start sending o...