2022-7-15 23:12 |
Embattled cryptocurrency lender Celsius recently filed for bankruptcy protection
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Struggling crypto lender Celsius has filed for Chapter 11 bankruptcy in the US which could mean users may be unable to recover their funds. The post Celsius terms of use do not guarantee return of customers’ funds appeared first on CryptoSlate.
2022-7-15 22:30 | |
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The news comes after the ailing crypto lender filed for bankruptcy protection Wednesday.
2022-7-15 22:25 | |
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Ryan Preston Dahl, a partner at Ropes & Gray, joined CoinDesk TV’s “First Mover” to discuss the crypto lender’s bankruptcy filing.
2022-7-15 21:52 | |
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Blockchain-based lending platform Celsius Network is officially bankrupt.
2022-7-15 20:27 | |
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Crypto lender Celsius Network, one of the biggest in the world, has filed for Chapter 11 bankruptcy protection, joining a string of crypto asset organizations that have restructured in response to a severe sell-off in cryptocurrencies this year.
2022-7-14 10:20 | |
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Celsius depositors have been dealt another blow
2022-7-14 09:08 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-14 05:44 | |
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The troubled crypto lender, in a statement, says its purpose for the voluntary action is to enable a "comprehensive restructuring plan" that benefits all "stakeholders."
2022-7-15 05:44 | |
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According to a recent lawsuit, cryptocurrency lender Celsius allegedly manipulated the price of its digital coin, failed to manage its risks, and engaged in fraud. Due to the rapid emergence and decline of the cryptocurrency market, Celsius decided to suspend its withdrawals last month.
2022-7-14 04:43 | |
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One analyst says "meh" as bitcoin climbs back above $20K, as reports surfaced that the troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis.
2022-7-14 03:03 | |
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Crtypo lender's lawyers are notifying state regulators, source tells CNBC.
2022-7-14 02:34 | |
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Cryptocurrency lender Celsius Network, which had to halt withdrawals on June 13 due to liquidity issues, has fully paid off its debt of over $50 million worth of DAI to decentralized finance (DeFi) protocol Compound on July 13, according to on-chain data.
2022-7-14 22:30 | |
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The discount on stETH, a derivative of ether, surged as the crypto lender Celsius reclaimed and then transferred almost 10% of the total supply of the token.
2022-7-14 20:55 | |
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The troubled crypto lender Celsius has closed its last remaining loan from a DeFi protocol after previously paying off loans on Aave and Maker loan.
2022-7-14 19:21 | |
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Celsius Network, the embattled crypto lender, is "deeply insolvent," according to the Department of Financial Regulation (DFR) in the U.S. state of Vermont. The post Celsius ‘Deeply Insolvent’ Says Vermont Financial Regulator appeared first on BeInCrypto.
2022-7-13 19:00 | |
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DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency.
2022-7-14 18:17 | |
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The troubled lender lacks the assets and liquidity to honor its obligations to investors, DFR said.
2022-7-13 02:37 | |
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The liquidity-stricken crypto lender fully paid off its debt to decentralized finance protocol Aave freeing up $26 million in tokens as part of its latest debt restructuring maneuver.
2022-7-13 01:27 | |
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The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.
2022-7-13 18:04 | |
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A new lawsuit alleges that a major crypto lender was, in fact, a Ponzi scheme. Happy Tuesday folks.
2022-7-12 17:30 | |
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The liquidity-strapped crypto lender's loan from the DeFi protocols reduced to $140 million from $235 million since last Friday.
2022-7-12 20:57 | |
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Kirkland & Ellis LLP, Celsius new legal firm, will replace the companys prior lead restructuring counsel. Celsius Hires New Lawyers Celsius has hired a new set of lawyers. According to...
2022-7-11 15:00 | |
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The troubled crypto lender Celsius paid down a $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. A day earlier, Celsius used a debt-paydown to reclaim collateral on the Maker protocol.
2022-7-9 23:10 | |
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Embattled crypto lender Celsius, who are staring insolvency in the face due to knock-on effects of the crypto contagion, about which I wrote a deep dive here last month, may be landing a further body blow to the crypto markets.
2022-7-9 21:55 | |
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Tether, the issuer of the world’s largest stablecoin USDT, has reportedly liquidated the loan advanced to struggling crypto lender Celsius. According to the firm, its liquidation of the overcollateralized loan did not result in any losses on its part, and that the loan was indeed a very small portion of its shareholder equity.
2022-7-9 21:36 | |
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Celsius Network’s troubles are mounting even as the crypto lender navigates a storm that it may have actually rode into knowingly. On Thursday, the crypto lender was hit by a class action lawsuit, filed by a former Celsius insider Jason Stone.
2022-7-8 17:48 | |
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A former employee of troubled crypto lender Celsius has launched a lawsuit accusing the company of market manipulation and risk management failures. The post Former Employee Accuses Celsius of Running a Ponzi Scheme; Files Lawsuit Against the Platform appeared first on BeInCrypto.
2022-7-9 17:00 | |
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The roughed-up crypto lender froze withdrawals last month and later said it was exploring restructuring options.
2022-7-8 01:43 | |
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The move comes just after the crypto lender reclaimed 22,000 WBTC as collateral of its loan on DeFi lending protocol Maker, blockchain data shows.
2022-7-8 23:58 | |
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The troubled crypto lender paid down the remaining $41 million of a loan on the decentralized lending protocol Maker, prompting the release of $440 million collateral that had been held as collateral.
2022-7-8 16:30 | |
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The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
2022-7-6 01:56 | |
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The troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
2022-7-7 01:56 | |
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The crypto lender’s liquidation price on its Bitcoin loan has dropped to less than $5,000, according to DeFi industry data.
2022-7-5 23:50 | |
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Withdrawals are still paused and the company has hired restructuring experts as it faces a financial crisis.
2022-7-4 12:16 | |
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Embattled crypto lender, Celsius, has laid off 150 employees, representing a quarter of its workforce, according to the latest reports. The post Celsius Lays off 150 Workers as Depositors’ Worries Begin to Mount appeared first on BeInCrypto.
2022-7-4 20:00 | |
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Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon.
2022-7-1 01:19 | |
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Cryptocurrency exchange FTX passed on a deal to purchase beleaguered crypto lender Celsius after examining the sorry state of its finances.
2022-7-1 17:23 | |
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Contrary to Celsius CEO Alex Mashinskys claims that Celsius was not taking a tremendous risk, a new report from The Wall Street Journal claims that the crypto lender had more...
2022-6-30 18:13 | |
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Goldman Sachs is reportedly ready to pounce onto the assets of beleaguered crypto lender Celsius Network, CoinDesk reported on Friday citing sources familiar with the development. Per the report, the banking giant is eyeing $2 billion in funding from investors for a potential purchase of the Celsius assets should it file for bankruptcy.
2022-6-25 00:25 | |
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The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
2022-6-25 23:12 | |
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The crypto lender Celsius CEL token has become the target of a retail-driven short squeeze. #CELShortSqueeze Mania Hits the Market The CEL token is going parabolic. Days after experiencing a...
2022-6-21 14:49 | |
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A trading pool that large institutional investors such as Alameda Research and Three Arrows Capital have used to dump their “stETH” tokens is now nearly drained and heavily imbalanced, potentially trapping retail investors as well as the embattled crypto lender Celsius.
2022-6-17 05:27 | |
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Crypto lender Celsius is faced with an investigation from regulators from four different states for freezing customer accounts over solvency concerns. Multiple State Regulators Investigating Celsius Regulators have launched an...
2022-6-17 22:30 | |
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Regulatory scrutiny on Celsius Network, a leading crypto lender in the market that’s hit… The post Spotlight on Celsius as Texas securities regulator opens investigation: Report appeared first on CoinJournal.
2022-6-16 21:49 | |
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Celsius rapidly became more brazen in its attempts to generate yields, using decentralized lending protocols and aggregators to juggle around client funds for the best return.
2022-6-17 21:09 | |
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After a three-day absence from Twitter and social media, the CEO of the embattled crypto lender Celsius, Alex Mashinsky, emerged on Wednesday to put out a cryptic statement after the company froze all customer withdrawals.
2022-6-16 14:22 | |
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Cash-strapped crypto lender Celsius Network has reportedly hired restructuring attorneys from US-based law firm Akin Gump Strauss Hauer & Feld LLP to help with its current financial woes, the Wall Street Journal reported Wednesday, citing sources familiar with the matter.
2022-6-16 19:33 | |
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The crypto lender was notorious for promoting risk-free yields on client assets, the report said.
2022-6-16 13:16 | |
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Celsius Network, a renowned crypto lending firm, has hired ‘restructuring lawyers’ amid the current… The post Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps appeared first on CoinJournal.
2022-6-15 12:05 | |
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