2022-9-14 23:28 |
The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case.
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2022-9-14 23:28 |
The Federal Trade Commission wants to get involved with failed crypto lender Celsius’ bankruptcy case.
Similar to Notcoin - Blum - Airdrops In 2024
The Official Committee of Unsecured Creditors joined other Celsius borrowers in opposing the U.S. Trustee's motion to appoint an independent examiner, though they did not oppose the appointment of any third party investigator to dig into the embattled crypto lender's financials.
2022-9-9 01:06 | |
In the latest cryptocurrency news surrounding Nexo, the platform has now released Nexo Pro for traders. This is the latest move in a succession of forward steps for the Nexo team, who recently offered to buy-out Celsius, an insolvent competitor lender.
2022-9-8 13:28 | |
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said.
2022-9-8 13:06 | |
Vermont's Department of Financial Regulation alleged that crypto lender Celsius boosted its balance sheet by counting its CEL token holdings as assets, boosting those tokens' value and "artificially inflating" its net value.
2022-9-7 17:22 | |
Court filings made by Kirklan & Ellis LLP, the law firm representing Celsius, revealed that the bankrupt crypto lender is expecting an influx of cash in the first week of October. According tThe post Celsius to receive $70 million as per latest filing; liquidation may still be on the cards appeared first on AMBCrypto.
2022-9-4 21:30 | |
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The post Celsius expects to receive $70M loan repayment to fund operations beyond November appeared first on CryptoSlate.
2022-9-3 22:22 | |
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
2022-9-3 19:59 | |
The extra cash from loan repayments, previously believed to be in stablecoins, means a much needed boost for the cash-strapped lender.
2022-9-2 19:59 | |
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 Only 22% of Customer Funds appeared first on BeInCrypto.
2022-9-2 07:32 | |
Crypto lender Celsius Network, which started Chapter 11 bankruptcy proceedings in July, wants to return customer assets in the custody program and withhold accounts worth around $210 million, the firm said in a September 1 filing.
2022-9-2 20:13 | |
Crypto lender Celsius has filed to return custody holders' funds to them, saying these funds are not part of the bankruptcy estate.
2022-9-1 16:38 | |
More than 60 of Celsius’ custodial-account holders petitioned a bankruptcy court to force the crypto lender to send them back their funds outside of the proceedings.
2022-9-1 11:25 | |
Celsius has been one of the most prominent crypto companies to crash in the recent bear market. The crypto lender had been caught in the crossfire of the LUNA crash and was eventually unable to pay users their deposited funds after making some bad bets.
2022-8-25 20:00 | |
Crypto lender Celsius has gone on the offensive against former staking and DeFi strategy associate KeyFi and its CEO, which had sued it a week before it went bankrupt.
2022-8-24 23:59 | |
The dispute stems from a trove of assets held by Prime Trust for Celsius customers in New York and Washington.
2022-8-24 20:04 | |
KeyFi founder and CEO Jason Stone in early July filed suit against Celsius, accusing his former employer of market manipulation, among other charges.
2022-8-24 19:29 | |
We’re in the midst of an intriguing cryptocurrency bear market, to say the least. The past several months provided high-profile collapses such as algorithmic stablecoin TerraUSD, crypto hedge fund Three Arrows Capital and more recently, crypto lender Celsius Network.
2022-8-23 16:25 | |
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 2022 appeared first on BeInCrypto.
2022-8-22 15:00 | |
If Celsius Network’s CEO, Alex Mashinsky was “being transparent,” there would be “no need to pull in an independent examiner," Sasha Hodder, founder of Hodder Law Firm, said on CoinDesk TV's "First Mover."
2022-8-20 00:17 | |
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
2022-8-19 20:47 | |
Some of the highest profile and controversial bankruptcies in history have included the appointment of an independent examiner.
2022-8-19 00:49 | |
Thomas Braziel, partner at investment firm 507 Capital, joined CoinDesk TV’s “First Mover” to discuss Celsius Network and why its relationship with customers could be over.
2022-8-19 18:30 | |
Caisse de Depot et Placement du Québec (CDPQ), one of the largest pension fund managers in Canada, has reportedly written off the $150 million investment it put in bankrupt crypto lender Celsius Network.
2022-8-18 22:40 | |
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
2022-8-18 22:29 | |
Celsius Network CEO Alex Mashinsky took over the crypto lender's trading strategy operations in January, months before the platform filed for bankruptcy, reported the Financial Times. The post Celsius Network CEO Ran Trading Desk for Months, Report Reveals appeared first on BeInCrypto.
2022-8-17 22:45 | |
The bankrupt crypto firm is also short of $2.8 billion in crypto assets, the court filing reveals.
2022-8-16 00:49 | |
Embattled crypto lender Celsius filed for Chapter 11 bankruptcy in July and filed new documents in court on August 14, detailing its budget for August through October. The post Celsius set to burn $137.
2022-8-15 19:51 | |
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
2022-8-15 16:47 | |
Reuters reported that Ripple Labs could potentially buy assets of the defunct cryptocurrency lender Celsius Network, citing a company representative. The post Report Claims Ripple Labs Might Be Looking at Acquiring Celsius; Here’s What We Know appeared first on BeInCrypto.
2022-8-11 06:30 | |
Per a report from news outlet Reuters, payment company Ripple is exploring the possibility of acquiring the assets of bankrupt crypto lender Celsius Network. The purchase might materialize via Ripple Labs, according to a company spokesperson.
2022-8-11 23:50 | |
Ripple Labs could be interested in buying the assets of embattled crypto lender Celsius Network, Reuters reported August 10. The post Ripple shows interest in acquiring Celsius appeared first on CryptoSlate.
2022-8-11 21:57 | |
Key XRP backer Ripple Labs says it is interested in purchasing the assets of bankrupt crypto lender Celsius Network.
2022-8-11 19:12 | |
The address attributed to the Celsius founder by Nansen and Arkham sold CEL tokens for the first time since Celsius froze withdrawals.
2022-8-10 22:33 | |
Canada's provincial securities regulators are investigating how Celsius' implosion is impacting investors in North America.
2022-8-9 20:31 | |
The CEL token has gained about 300% since Celsius filed for bankruptcy last month.
2022-8-9 00:11 | |
Embattled crypto lender Celsius Network wants to rehire its ex-Chief Financial Officer Rod Bolger, according to a court filing made by the firm on July 25. The post Celsius wants to rehire its ex-Chief Financial Officer appeared first on CryptoSlate.
2022-8-3 20:53 | |
Custody account holders, who represent 4% of the assets locked up at the bankrupt crypto lender, hired Kyle J. Ortiz of Togut, Segal & Segal.
2022-8-2 00:15 | |
Embattled crypto lender Celsius Network has revealed via email that some of its customers’ data were breached by an employee of Customer.io. The post Celsius reveals customer data breach by vendor’s employee appeared first on CryptoSlate.
2022-7-29 14:00 | |
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection.
2022-7-27 00:37 | |
Former Compliance and Financial Crimes Director at crypto lender Celsius, Timothy Cradle joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged questionable practices.
2022-7-21 22:05 | |
The crypto exchange denied exposure to the crypto lender and hedge fund that are both seeking bankruptcy protection.
2022-7-20 18:00 | |
Celsius former financial crimes compliance director told CNBC that the beleaguered lender was dealing with a range of internal failures years before it filed for Chapter 11 bankruptcy. Celsius Faces...
2022-7-20 15:09 | |
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
2022-7-20 07:00 | |
Celsius, a renowned crypto lender, has obtained crucial approval to go ahead with its… The post Celsius gets approval for a new Bitcoin mining plant as it seeks financial stability appeared first on CoinJournal.
2022-7-19 15:01 | |
Lawyers for the bankrupt crypto lender reaffirmed that user funds essentially belonged to the company and not the user, with potentially one major exception.
2022-7-19 06:18 | |
The former Commodity Futures Trading Commission chief joined CoinDesk TV’s “First Mover” to discuss why the bankruptcy of lender Celsius Network could set legal precedent in future crypto hearings and why the likelihood of CBDC adoption worldwide could be based on Chinese technology.
2022-7-19 22:34 | |
Liquidity-strapped crypto lender Celsius Network filed for Chapter 11 bankruptcy protection in the Southern District of New York on Wednesday, more than a month after it halted customer withdrawals because of “extreme market conditions.”
2022-7-19 21:28 | |
Arkansas resident Taylor Goines has filed a class-action lawsuit against Celsius for selling unregistered securities, likening the crypto lender's operations to a Ponzi scheme. The post Arkansas Resident Launches Damning Class-Action Lawsuit Against Celsius appeared first on BeInCrypto.
2022-7-17 00:30 | |
Tezos co-founder Kathleen Breitman says the eventual filing for bankruptcy by embattled crypto lender… The post Tezos co-founder says Celsius going bankrupt was inevitable appeared first on CoinJournal.
2022-7-16 21:07 | |